Section 1
This Act may be cited as the National Defence Fund (Dissolution and Transfer) Act 1984.
Interpretation
ActIn force
National Defence Fund (Dissolution and Transfer) Act 1984
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- Enacted
- 1984
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- 3
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National Defence Fund (Dissolution and Transfer) Act 1984 is Malaysia Act, cited as Act 305 1984, currently marked in force and first recorded in 1984.
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ACT 1984
As at 1 December 2011
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Date of Royal Assent … … … … … … 27 June 1984
Date of publication in the Gazette … … … 28 June 1984
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2001
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Act 305
NATIONAL DEFENCE FUND (DISSOLUTION AND
TRANSFER) ACT 1984
Opening note
Preamble
- An Act to dissolve the National Defence Fund and to transfer all its properties and liabilities to the National Heroes Welfare Trust Fund, and to provide for matters incidental thereto or connected therewith. [5 October 1984, P.U. (B) 450/1984]
Opening note
Preamble
- WHEREAS the trustees of the National Defence Fund have decided to dissolve the said Fund and transfer all its properties and liabilities to the National Heroes Welfare Trust Fund, such properties to be held in trust and utilized in accordance with the terms and for the purposes, as may for the time being, be set out in the Instrument of Trust in respect of the National Heroes Welfare Trust Fund; AND WHEREAS the Managerial Board of the National Heroes Welfare Trust Fund has decided to accept such transfer; Now therefore BE IT ENACTED by the Seri Paduka Baginda Yang di-Pertuan Agong with the advice and consent of the Dewan Negara and Dewan Rakyat in Parliament assembled, and by the authority of the same, as follows: Short title
Section 2
In this Act, unless the context otherwise requires—
6 Laws of Malaysia ACT 305
“National Defence Fund” means the Fund maintained in the
National Defence Fund Trust Account established under section 9 of the Financial Procedure Act 1957 [Act 61];
“National Heroes Welfare Trust Fund” means the trust fund so named which is maintained and managed under an Instrument of
Trust executed on 31 October 1968 between the Managerial Board of the said Trust Fund of the one part and the Public Trustee, Malaysia of the other part.
Dissolution of the National Defence Fund and transfer of its assets and liabilities to the National Heroes Welfare Trust Fund
Section 3
(1)
The National Defense Fund shall, on the commencement of this Act, be dissolved and all moneys, securities and other assets standing to its credit in the trust account maintained in respect of it under section 9 of the Financial Procedure Act 1957, or otherwise belonging to or due to be paid into the said Fund, immediately before the commencement of this Act shall, on the commencement of this
Act, be transferred to the National Heroes Welfare Trust Fund and vest in the trustee of the said Trust Fund, and such transfer and vesting shall have effect without any document of transfer, conveyance or assignment whatsoever.
(2)
The moneys, securities and other assets transferred under subsection (1) shall be held in trust and utilized under the National
Heroes Welfare Trust Fund in accordance with the terms and for the purposes, as may for the time being, be set out in the Instrument of
Trust in respect thereof.
(3)
All rights and liabilities which immediately before the commencement of this Act were those of the National Defence Fund shall, on the commencement of this Act, devolve on the National
Heroes Welfare Trust Fund.
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Act 305
LIST OF AMENDMENTS
Amending law
Short title
In force from
−NIL−
8
Act 305
LIST OF SECTIONS AMENDED
Section
Amending authority
In force from
−NIL−
Common questions
- What is National Defence Fund (Dissolution and Transfer) Act 1984?
- National Defence Fund (Dissolution and Transfer) Act 1984 is Malaysia Act, cited as Act 305 1984, currently marked in force and first recorded in 1984.
- Is National Defence Fund (Dissolution and Transfer) Act 1984 still in force?
- Yes — National Defence Fund (Dissolution and Transfer) Act 1984 is currently in force.
- When did National Defence Fund (Dissolution and Transfer) Act 1984 take effect?
- National Defence Fund (Dissolution and Transfer) Act 1984 was first recorded in 1984.
- How many sections does National Defence Fund (Dissolution and Transfer) Act 1984 have?
- National Defence Fund (Dissolution and Transfer) Act 1984 contains 3 sections.
- Where can I read the official version of National Defence Fund (Dissolution and Transfer) Act 1984?
- The official text of National Defence Fund (Dissolution and Transfer) Act 1984 is published at lom.agc.gov.my.
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