s 4 Juridical personality, common seal and powers of the
(1) The Corporation has juridical personality and perpetual succession and subject to this Act, has all such legal capacities as are necessary for the exercise of its powers and the performance of its functions in accordance with the Articles of Agreement.
(2) Without prejudice to the generality of subsection (1), the Corporation has the power toβ
(a) contract;
(b) acquire, hold and dispose of tangible and intangible property; and
(c) institute legal proceedings.
(3) The Corporation may have a common seal and may use it for the purposes set out under this section or for such other matters as may be agreed by the Governing Board.
Malay text (authoritative)
Keperibadian juridikal, meterai perbadanan dan kuasa Perbadanan
(1) Perbadanan mempunyai keperibadian juridikal dan kekal turun-temurun dan tertakluk kepada Akta ini, mempunyai semua keupayaan di sisi undang-undang yang perlu bagi penjalanan kuasanya dan pelaksanaan fungsinya mengikut Perkara Perjanjian.
(2) Tanpa menjejaskan keluasan subseksyen (1), Perbadanan mempunyai kuasa untukβ
(a) membuat kontrak;
(b) memperoleh, memegang dan melupuskan harta ketara dan harta tak ketara; dan
(c) memulakan prosiding undang-undang.
(3) Perbadanan boleh mengadakan suatu meterai perbadanan dan boleh menggunakannya bagi maksud yang dinyatakan di bawah seksyen ini atau bagi perkara lain sebagaimana yang dipersetujui oleh Lembaga Pengelola.
Read this section in the full act β
Find Act 721 on lom.agc.gov.my β
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).
