Source

Malaysia-Thailand Joint Authority Act 1990 Part II — Malaysia-thailand joint authority

s 3–s 5 · 3 sections

Establishment of Malaysia-Thailand Joint Authority

s 3

(1) There is hereby established a body by the name of the Malaysia-Thailand Joint Authority (referred to in this Act as “the Joint Authority”). (2) The Joint Authority shall have a juristic personality and shall be domiciled in Malaysia and the Kingdom of Thailand. (3) The Joint Authority shall be a body corporate and, subject to and for the purposes of this Act, may enter into contracts, and may acquire, purchase, take, hold and enjoy any movable and immovable property of every description, excluding land, and may convey, assign, surrender, charge, mortgage, reassign, transfer or otherwise dispose of, or deal with, any movable or immovable property or any interest therein vested in the Joint Authority upon such terms as it deems appropriate.

Powers and functions of Joint Authority

s 4

Open ↗

The Joint Authority shall have such powers and perform such functions as are necessary for the performance of its duties and the enjoyment of its rights and privileges under, and to the extent not inconsistent with, this Act.

Exploration and exploitation of natural resources

s 5

Open ↗

The Joint Authority hereby is vested with and assumes the exclusive rights, powers, liberties and privileges of exploring and exploiting the natural resources, in particular petroleum, in the Joint Development Area.

Back to Malaysia-Thailand Joint Authority Act 1990 — full text

Provisions on this page are reproduced verbatim from official open data. See the attribution line.

Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated. Read the official text ↗

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

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