For the purposes of this Subdivision—
“residual institution” means a licensed person whose business, assets or liabilities have been vested in the transferee in accordance with section 176;
“transacted price” means the price at which the whole or part of the business, assets or liabilities of a licensed person referred to in section 176 is vested in the transferee;
“transferee” means a bridge institution or any other person, as the case may be, in which is vested under this Subdivision the whole or part of the business, assets or liabilities of the licensed person referred to in section 176;
“transferor” means the licensed person under this Subdivision referred to in section 176;
“transferred business” means the whole or part of the business, assets or liabilities of the licensed person that has been vested in the transferee.
Malay text (authoritative)
Tafsiran
Bagi maksud Subpenggal ini—
“harga urus niaga” ertinya harga yang keseluruhan atau sebahagian perniagaan, aset atau liabiliti orang berlesen yang disebut dalam seksyen 176 telah diletak hak kepada penerima pindahan;
“institusi baki” ertinya orang berlesen yang perniagaan, aset atau liabilitinya telah terletak hak kepada penerima pindahan mengikut seksyen 176;
“pemindah” ertinya orang berlesen di bawah Subpenggal ini yang disebut dalam seksyen 176;
“penerima pindahan” ertinya institusi perantaraan atau manamana orang lain, mengikut mana-mana yang berkenaan, yang diletak hak di bawah Subpenggal ini keseluruhan atau sebahagian perniagaan, aset atau liabiliti orang berlesen yang disebut dalam seksyen 176;
“perniagaan yang dipindahkan” ertinya keseluruhan atau sebahagian perniagaan, aset atau liabiliti orang berlesen yang telah diletak hak kepada penerima pindahan.
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).
