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← Malaysian Airline System Berhad (Administration) Act 2015

Malaysian Airline System Berhad (Administration) Act 2015 s 29

Malaysian Airline System Berhad (Administration) Act 2015 s 29

s 29 Vesting provisions

(1) The Minister may, from time to time, by order published in the Gazette, appoint a vesting date for each order and on such date any property or liabilities of the Administered Companies specified by the Minister in such order shall be transferred to and vested in the Malaysia Airlines Berhad without any conveyance, assignment or transfer whatsoever. (2) The vesting pursuant to subsection (1) shall have the effect set out in the Schedule notwithstanding any written law or rule of law and shall be binding on any person affected by such vesting.

Malay text (authoritative)

Peruntukan peletakhakan

(1) Menteri boleh, dari semasa ke semasa, melalui perintah yang disiarkan dalam Warta, menetapkan suatu tarikh peletakhakan bagi setiap perintah dan pada tarikh sedemikian mana-mana harta atau tanggungan Syarikat yang Ditadbir yang dinyatakan oleh Menteri dalam perintah itu hendaklah dipindahkan kepada dan terletak hak pada Malaysia Airlines Berhad tanpa apa-apa jua pemindahhakan, penyerahhakan atau pemindahan. (2) Peletakhakan menurut subseksyen (1) hendaklah mempunyai kesan yang dinyatakan dalam Jadual walau apa pun mana-mana undang-undang bertulis atau rukun undang-undang dan hendaklah mengikat mana-mana orang yang terjejas oleh peletakhakan itu.

Read this section in the full act β†’ Β· Open Part V β†’

Find Act 765 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).

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