Malaysia legislation

Section 31

of Sabah Land Development Board Enactment 1981

Section 31

The Board may secure the repayment of any sum borrowed, by the mortgage or

 ―Banking and Financial Institutions Act 1989‖ substituted for ―Banking Act 1973‖ by virtue of Act 372.

 ―Banking and Financial Institutions Act 1989‖ substituted for ―Banking Act 1973‖ by virtue of Act 372.

For Reference Only (SAGC) [May 2010]

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charge, legal or equitable, of any property vested in the Board, or of any revenue receivable by the Board under this Enactment or any other written law.

Power to make loans.