Malaysia legislation

Section 5

of *PORT AUTHORITIES ACT 1963

Section 5

Transfer of property to the authority

(2)

The authority shall cause any property transferred under this section to be valued as at the date of transfer, and shall forthwith cause details of such valuation to be shown on its accounts.

Disposal of land to the Government and the Government’s power to grant leases of same

Read in full context — *PORT AUTHORITIES ACT 1963 →