Malaysia legislation
Section 34
Section 34
(2)
The Minister shall, six months before the Act ceases to be in operation, give directions on the dissolution and winding up of the
Lembaga, including directions with respect to the corporations and companies, if any, established under this Act.
(3)
Upon the dissolution of the Lembaga—
(a)
all powers, rights, privileges, duties, liabilities and obligations of the Lembaga shall devolve on the
Government;
(b)
all land vested in the Lembaga shall vest—
(i)
in respect of land acquired pursuant to section 28, and land which has been purchased by the Lembaga, in the
*Federal Lands Commissioner for the purpose of the
Government; and
(ii)
in respect of State land which has been alienated to the
Lembaga by the State Authority, in the State
Secretary, Kedah, for the purpose of the State, provided that an amount of compensation as may be agreed to between the Federal Government and the
State Authority shall be paid to the Federal
Government by the State Authority in respect of any development made by the Lembaga on the said land.
(c)
all property and assets, other than land, which were vested in the Lembaga or in any other person on its behalf shall vest in the Government;
(d)
any deed, bond, agreement or instrument to which the
Lembaga was a party shall have effect as if the Government were substituted for the Lembaga as a party thereto and as if any reference therein to the Lembaga were a reference to the
Government;
*NOTE—The title of the Federal Lands Commisioner is known as the Director General of Land and
Mines (Federal)-see P.U. (B) 324/1970.
Lembaga Pembangunan Langkawi 25
(e)
all civil proceedings or causes of action by or against the
Lembaga or any person acting on its behalf may be continued or instituted by or against the Government.
(4)
Subject to subsection (3), the winding up of the Lembaga shall be conducted in such manner as may be determined by the
Minister.
(5)
If any difficulty or anomaly arises in connection with the implementation of the provisions of subsection (3), the Minister may, by order, make such modifications therein as may appear to him to be necessary for removing such difficulty or anomaly.
26 Laws of Malaysia ACT 423
FIRST SCHEDULE
[Subsection 5(2)]
Appointment, revocation and resignation