Malaysia legislation

Section 7

of INDUSTRIAL CO-ORDINATION ACT 1975

Section 7

(2)

Without prejudice to subsection (1) the licensing officer may in the event of the death, incapacity, bankruptcy, or, in the case of a company, liquidation of the holder of a licence, or where a receiver or manager is appointed in relation to the business of the holder of a licence, or where for any reason the licensing officer is satisfied it would be unjust not to do so authorize the transfer of the licence.

(3)

An application for the transfer of a licence shall be made in writing to the licensing officer.

Variation