Bank Simpanan Nasional Act 1974 s 18
s 18 Transfer of powers, rights and privileges, assets and liabilities
All powers, rights and privileges, movable properties, assets, debts, liabilities and obligations vested in or belonging to, and all other business transacted by the Post Office Savings Bank shall, on the appointed date, be transferred to and vest in the Bank without further conveyance and its business shall be carried on by the Bank.
Malay text (authoritative)
Memindahkan hak milik kuasa, hak, dan keistimewaan, aset dan liabiliti
Semua kuasa, hak dan keistimewaan, harta alih, aset, hutang, tanggungan dan kewajipan yang diletakhakkan pada atau dipunyai oleh Bank Simpanan Pejabat Pos, dan semua urusan lain yang ditransaksikan olehnya hendaklah, pada tarikh yang ditetapkan, dipindahkan hakmilik dan
diletakhakkan pada Bank tanpa pindah hak selanjutnya dan urusannya hendaklah dijalankan oleh Bank.
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Find Act 146 on lom.agc.gov.my ↗
Text as at 1 December 2011 (LOM reprint); amendments made after that date may not be incorporated.
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).