Government loan "Government loan" means any loan at any time raised, or which may be raised, by the Government of Malaysia, or any loan raised before 1 April 1946, by the Government of any territory now comprised in Malaysia, in accordance with any written law for the time being in force, and which is serviced or managed by a Bank on behalf of the Government of Malaysia; ACT 649 - Government Loans (Notice of Trusts) Act 1947 2. Interpretation.