Section 21
Investment
of Rubber Industry Smallholders Development Authority Act 1972
ActIn forceProvision 30 of 66
Section 21
(1)
The moneys of the Authority shall, in so far as they are not required to be expended by the Authority under this Act, be invested in such manner as the Minister and the Minister of
Finance may approve.
(2)
Without prejudice to the generality of subsection (1), the
Authority may, with the approval of the Minister, acquire and develop land and property for or in connection with the exercise of its powers and for this purpose may enter into such negotiations, arrangements or agreements as may be necessary for generating income required for the operation of the Authority.