Malaysia legislation

Section 81

of *RAILWAYS ACT 1991

Section 81

Gazette—

(2)

The terms and conditions of the appointment referred to in subsection (1) shall, subject to the order under which the appointment is made and to subsection (1), be determined by the Director General and shall be binding on the railway company concerned.

(3)

A person holding any appointment as is referred to

56

Laws of Malaysia ACT 463

in subsection (1) shall not incur any obligation or liability solely by reason of his holding such appointment.

(4)

Where a receiver or manager has been appointed in respect of a railway company by the High Court under paragraph 80(1)(b), all proper costs, charges and expenses, including the remuneration of such receiver or manager, shall be payable out of the assets of the railway company in priority to all other claims.

Provisions relating to assumption of control under section 80