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Section 39

Investment

of Sago and Nipah Development Board Ordinance, 2022

State OrdinanceIn forceProvision 39 of 41
Section 39

All moneys not immediately required to be expended in the meeting of any obligations or the discharge of any functions of the

Board may be invested in any bank or financial institution licensed under the Financial Services Act 2013 [Act 758] or Islamic Financial

Services Act 2013 [Act 759], or in such other investments or securities as may from time to time be approved by the Board.

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