Establishment of the Yayasan
(1) A body corporate to be known by the name of “Yayasan Guru Tun Hussein Onn” is established.
(2) The Yayasan shall have perpetual succession and a common seal.
(3) The Yayasan may sue and be sued in its corporate name.
(4) Subject to and for the purposes of this Act, the Yayasan may, upon such conditions as the Yayasan thinks fit—
(a) enter into contracts;
(b) acquire, purchase, take, lease, hold, sell and enjoy any movable and immovable property of every description or any interest in such property vested in the Yayasan; and
(c) convey, assign, surrender, yield up, charge, mortgage, demise, reassign, transfer or otherwise dispose of, or deal with, any movable or immovable property and any interest in such property vested in the Yayasan.
Common seal
(1) The common seal of the Yayasan shall bear a device as approved by the Yayasan and the seal may from time to time be broken, changed, altered and made anew as the Yayasan thinks fit.
(2) Until a seal is provided by the Yayasan, a stamp bearing the words “Yayasan Guru Tun Hussein Onn” may be used and shall be deemed to be its common seal.
(3) The common seal of the Yayasan shall be kept in the custody of the Chairman of the Board or any other person authorized by the Yayasan, and shall be authenticated by either the Chairman of the Board or by such other person authorized by the Chairman of the Board in writing.
(4) All deeds, documents and of the Yayasan other instruments purporting to be sealed with the common seal of the Yayasan and authenticated in accordance with subsection (3) shall, until the contrary is proved, be deemed to have been validly executed.
(5) Any deed, document and other instrument which, if executed by a person not being a body corporate, is not required to be under seal may in like manner be executed by a member of the Board or by any officer of the Yayasan authorized in that behalf.
(6) The common seal of the Yayasan shall be officially and judicially noticed.
(7) Every document to which the common seal of the Yayasan is affixed shall be signed by two members of the Board appointed by the Chairman of the Board in that behalf.
