Malaysia legislation

Section 50

of *PORT AUTHORITIES ACT 1963

Section 50

(A)

427/1974 respectively. Johore Port has been changed to Pasir Gudang Port–see P.U. (A) 290/1999.

70 Laws of Malaysia ACT 488

Authority) as the Minister may specify, the remainder thereof to be finally transferred by the 1 January 1964.

(2)

The extent of the remainder of the undertakings required to be transferred by 1 January 1964, shall be as agreed to by the Authority and the Administration, or, in default of agreement, as may be determined by the Minister whose determination thereon shall be final.

(3)

Notwithstanding the foregoing provisions of this section, all rights and liabilities which immediately before the date of the establishment of the Authority aforesaid were the rights and liabilities of the Administration in respect of Port Kelang, or of officers and servants of the Administration mentioned in subsection 52(1) shall on the said date be the rights and liabilities of the Authority.

(4)

There shall be made between the Authority and the

Administration consequent upon the transfer of undertakings and of rights and liabilities under this section such financial adjustment as may be agreed to by the Authority and the Administration or, in default of such agreement, as shall be determined by the Minister.

(5)

In this section the expression “undertakings” includes lands and other movable or immovable property held or enjoyed in connection with Port Kelang or appertaining thereto.

Repayment of loan charges to Administration