(1) The Corporation may establish and keep in any bank in its name—
(a) a general account in which trust funds may be kept temporarily pending their investment; and
(b) as many special and trust accounts as are necessary to enable the Corporation to perform the duties and functions and exercise the powers of the Corporation.
(2) Any amount standing to the credit of the general accounts of the Public Trustee and the Official Administrator immediately before the appointed date shall be transferred to the general account established under paragraph (1)(a).
Malay text (authoritative)
Akaun Bank
(1) Perbadanan boleh menubuhkan dan menyimpan di dalam mana-mana bank atas namanya—
(a) suatu akaun am yang di dalamnya wang amanah boleh secara sementara disimpan sementara menunggu pelaburannya; dan
(b) seberapa banyak akaun khas dan amanah yang perlu bagi membolehkan Perbadanan melaksanakan kewajipan dan fungsinya dan menjalankan kuasanya.
(2) Apa-apa amaun yang merupakan baki kredit bagi akaun am Pemegang Amanah Raya dan Pegawai Pentadbir Pusaka sebelum sahaja tarikh yang ditetapkan hendaklah dipindahkan kepada akaun am yang ditubuhkan di bawah perenggan (1)(a).
Text as at 1 September 2010 (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).
