Public Trust Corporation Act 1995 s 28
s 28 Corporation’s liability
(1) The Corporation shall be liable to make good any lawful claims on the Common Fund which cannot be met therefrom or from the General Reserve Fund whether such claims relate to capital moneys or income.
(2) The capital moneys claimable by any estate shall include the moneys from such estate included in the Common Fund and where investments have been taken over under subsection 25(3) they shall also include the value of such investments as ascertained in accordance with subsection 25(4).
Malay text (authoritative)
Liabiliti Perbadanan
(1) Perbadanan adalah bertanggungan untuk membayar apa-apa tuntutan yang sah ke atas Kumpulan Wang Bersama yang tidak dapat dijelaskan daripada Kumpulan Wang Bersama atau daripada Kumpulan Wang Rizab Am sama ada tuntutan itu berhubungan dengan wang modal atau pendapatan.
(2) Wang modal yang boleh dituntut oleh mana-mana harta pusaka termasuklah wang daripada harta pusaka itu yang dimasukkan ke dalam Kumpulan Wang Bersama dan jika pelaburan telah diambil alih di bawah subseksyen 25(3) ia termasuklah juga nilai pelaburan itu sebagaimana yang ditentukan mengikut peruntukan subseksen 25(4).
Read this section in the full act → · Open Division 2 →
Find Act 532 on lom.agc.gov.my ↗
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).
