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Part 5

28. Guarantee by Government

(1)

The Government shall be responsible for the payment of all monies due by the Perbadanan TAIB but nothing in this section authorises a creditor or other person claiming against the Perbadanan TAIB to sue the

Government in respect of his claim.

(2)

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

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