(1) There shall be a National Finance Council consisting

108. (1) There shall be a National Finance Council consisting of the Prime Minister, such other Ministers as the Prime Minister may designate, and one representative from each of the States, appointed by the Ruler or Yang di-Pertua Negeri. (2) The National Finance Council shall be summoned to meet by the Prime Minister as often as he considers necessary and whenever the representatives of three or more States demand a meeting, but there shall be at least one meeting in every twelve months. (3) At any meeting of the National Finance Council the Prime Minister may be represented by another Minister of the Federation, and the Prime Minister or, if he is not present, the Minister representing him, shall preside. (4) It shall be the duty of the Federal Government to consult the National Finance Council in respect of— (a) the making of grants by the Federation to the States; (b) the assignment to the States of the whole or any portion of the proceeds of any federal tax or fee; (c) the annual loan requirements of the Federation and the States and the exercise by the Federation and the States of their borrowing powers; (d) the making of loans to any of the States; (e) the making of development plans in accordance with Article 92; (f) the matters referred to in Item 7(f) and (g) of the Federal List; (g) any proposal to introduce a Bill for such a law as is mentioned in Clause (2) of Article 109 or Clause (3) or (3a) of Article 110; (h) any other matter in respect of which this Constitution or federal law makes provision for consultation with the National Finance Council. (5) The Federal Government may consult the National Finance Council in respect of any other matter, whether or not [Article 108] Federal Constitution 99 it involves questions of finance, and the Government of a State may consult the said Council in respect of any matter which affects the financial position of that State. Grants to States