Malaysia legislation
Section 35
Section 35
Exemption from giving notice of distribution of property
Where the total value of any property (without deduction for debts, but not including the value of any property which the deceased possessed or was entitled to as trustee and not
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beneficially) administered by the Corporation, whether pursuant to any trust instrument or will or by virtue of a grant of letters of administration to the Corporation or by virtue of the powers conferred on the Corporation by this Act, does not exceed six hundred thousand ringgit, it shall not be necessary for the
Corporation to give notice of its intention to distribute the estate or require any person interested to send in particulars of his claim against the estate, but the Corporation may proceed forthwith to convey or distribute the estate or any part thereof to or among the persons entitled thereto, having regard only to the claims, whether formal or not, of which the Corporation then had notice, and the Corporation shall not, as respect the property so conveyed or distributed, be liable to any person of whose claim the Corporation has not had notice at the time of conveyance or distribution; but nothing in this section shall—
(a)
prejudice the right of any person to follow the property representing the same, into the hands of any person, other than a purchaser, who may have received it; or
(b)
free the Corporation from any obligation to make searches similar to those which an intending purchaser would be advised to make or obtain.
Registration of the Corporation not notice of trust