Legal Firm & Law Firm In Kuala Lumpur, Malaysia

Trustee Act

Trustee Act

(1) A trustee may invest any trust funds in his hands, whether at the time in a state of investment or not, in manner following:
(a) in any of the securities of the Federal Government or the Government of the State of Sabah or the State of Sarawak or of the Republic of Singapore;
(b) in any securities the interest on which is or shall be guaranteed by Parliament or by the Federal Government;