Section 24

Government's guarantee of payments

of Tabung Haji Act 1995

ActIn forceProvision 24 of 59

(1)

If any expenditure of the Lembaga in relation to withdrawals by depositors cannot be met out of the Fund or the

Reserve Fund it shall be charged on and payable out of the

Consolidated Fund.

Tabung Haji 23

(2)

Any payment out of the Consolidated Fund shall as soon as practicable be repaid by the Lembaga to the Consolidated Fund and until it is repaid it shall be a debt to the Government and a first charge on the assets of the Fund and the Reserve Fund.

Read in full context — Tabung Haji Act 1995 →