Malaysia legislation
Section 34
Section 34
(1)
The Authority may, from time to time, with the approval of the Minister of
Finance, borrow money by the issue of debenture stock or otherwise as the Minister of
Finance may direct for the purposes of this Enactment.
(2)
The Authority may, from time to time, for the purpose of this Enactment, raise loans from the Government, or with the consent of the Minister of Finance, borrow by way of a temporary loan or overdraft from a bank licensed under the provisions of the Banking and
Financial Institutions Act 1989, or otherwise.
Loans may be secured by mortgage.