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← Railways Act 1991

Railways Act 1991 s 103

Railways Act 1991 s 103

s 103 The Corporation may dispose of immovable property vested in it

The Corporation may sell, convey, transfer, lease, assign, surrender and yield up, mortgage, charge, reconvey, re-assign, or otherwise deal with any immovable property referred to in section 93 upon such terms and conditions as the Minister deems fit.

Malay text (authoritative)

Perbadanan boleh melupuskan harta tak alih yang terletak hak padanya

Perbadanan boleh menjual, memindahhakkan, memindahkan, memajakkan, menyerahhakkan, menyerahkan balik dan memulangkan, menggadai janjikan, menggadaikan, memindahhakkan semula, menyerahhakkan semula, atau selainnya mengurusniagakan mana-mana harta tak alih yang disebut dalam seksyen 93 atas apa-apa terma dan syarat sebagaimana yang difikirkan patut oleh Menteri.

Read this section in the full act → · Open Part XII →

Find Act 463 on lom.agc.gov.my ↗

Text as at 1 January 2006 (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).

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