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← Capital Markets and Services Act 2007

Capital Markets and Services Act 2007 s 291

Capital Markets and Services Act 2007 s 291

s 291 Existing trustee to continue to act until new trustee takes office

Notwithstanding section 43 of the Trustee Act 1949 or any provision or covenant in the deed, an existing trustee shall continue to act as trustee until a new trustee is appointed and has taken office as trustee.

Malay text (authoritative)

Pemegang amanah yang sedia ada hendaklah terus bertindak sehingga pemegang amanah yang baru mengambil alih jawatan

Walau apa pun seksyen 43 Akta Pemegang Amanah 1949 atau apa-apa peruntukan atau waad dalam surat ikatan, seseorang pemegang amanah yang sedia ada hendaklah terus bertindak sebagai pemegang amanah sehingga seorang pemegang amanah yang baru dilantik dan mengambil alih jawatan sebagai pemegang amanah.

Read this section in the full act → · Open Division 5 →

Find Act 671 on lom.agc.gov.my ↗

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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