Malaysia legislation
Section 26
Section 26
Perbadanan Putrajaya 21
(2)
The Perbadanan may from time to time, with the approval of the Minister, borrow money by the issue of bonds, debentures or stock of such class and value and upon such terms as it may, with the approval of the Minister, deem expedient, for all or any of the following purposes:
(a)
the provision of working capital;
(b)
the performance of the functions, the exercise of the powers and the discharge of the duties of the Perbadanan under this Act;
(c)
the performance of such additional functions as may be undertaken by the Perbadanan under this Act;
(d)
the redemption of any shares or stock which it is required or entitled to redeem; and
(e)
any other expenditure properly chargeable to capital account.
Investment