Section 5
Power to raise loans
of International Finance Corporation Act
ActIn forceProvision 5 of 8
Section 5
For the purposes of providing any sum required for making any payment to the Corporation, the Minister may, with the consent of His
Majesty the Sultan and Yang Di-Pertuan, on behalf of the Government, raise loans by the creation and issue of securities bearing such rates of interests and subject to such conditions as to repayment, redemption or otherwise as he may think fit, and the principal and interest of those securities and any expenses incurred in connection with their issue shall be charged on and paid out of the Consolidated Fund.