20. Investment of funds

Investments which the Perbadanan TAIB may hold, as provided in section 19(1)(b) shall include —

gold coin or bullion and other precious metals;

real property and interests therein;

notes, coin, bank balances and money at call in such country or countries as may be approved by the Board;

treasury bills of such government or governments as may be approved by the Board;

securities of or guaranteed by such government or governments or international financial institutions as may be approved by the Board;

such other classes of investment assets as may be authorised by the Board from time to time and set forth in a written investment guideline to the Perbadanan TAIB; and

such other specific investments not otherwise authorised hereunder as may be authorised by the Minister for finance on the recommendation of the Board.