Planters' Loans Fund (Dissolution) Act 1981 s 7
s 7 Existing contracts
All deeds, bonds, agreements, instruments and working arrangements subsisting immediately before the commencement of this Act and affecting any of the property transferred under section 5, shall be in full force and effect against or in favour of the Bank and enforceable as fully and effectually as if, instead of the Fund or any person acting on its behalf, the Bank had been named therein or had been a party thereto.
Malay text (authoritative)
Kontrak yang sedia ada
Semua surat ikatan, bon, perjanjian, surat cara dan perkiraan yang ada sebaik sebelum permulaan kuat kuasa Akta ini dan yang menyentuh mana-mana harta yang dipindah milik di bawah seksyen 5, hendaklah berkuat kuasa dan berkesan sepenuhnya terhadap atau oleh Bank dan boleh dikuatkuasakan dengan sepenuh dan berkesannya seolah-olah Bank telah dinamakan dalamnya atau menjadi satu pihak kepadanya dan bukan Kumpulan Wang atau mana-mana orang yang bertindak bagi pihak Kumpulan Wang.
Read this section in the full act →
Find Act 251 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).