Malaysia legislation
Section 23
Section 23
(a)
establishing the office of Public Trustee and prescribing the trusts or duties which he is authorized to accept or undertake and the security, if any, to be given by the Public Trustee and his officers;
(b)
the transfer to and from the Public Trustee of any property;
(c)
the accounts to be kept and an audit thereof;
(d)
the establishment and regulation of any branch office;
(e)
excluding any trusts from the operation of this Act or any part thereof;
(f)
the form and manner in which notices under this Act shall be given;
(g)
the payment of interest;
(h)
the date from which interest, if allowed, is to be paid;
(i)
the management, investment and disposal of the reserve fund;
(j)
generally to carry out the provisions of sections 10 to 16 and 24.
(2)
Every rule under this Act shall be laid before the Dewan Rakyat and shall not come into operation until approved by a resolution of the Dewan Rakyat.
TRANSITIONAL AND REPEAL