Malaysia legislation
Section 34
Section 34
Transfer of property
(2)
All property and assets other than land that before the appointed day were vested in the dissolved Lembaga and the dissolved Council or in any person on behalf of the dissolved
Lembaga or the dissolved Council, as the case may be, shall on that day vest in the Perbadanan.
(3)
All deeds, agreements, instruments and arrangements subsisting before the appointed day and affecting any of the property transferred under this section shall have full force and effect against or in favour of the Perbadanan and shall be enforceable as fully and effectually as if, instead of the dissolved Lembaga or the dissolved Council or any person acting on behalf of the dissolved Lembaga or the dissolved Council, the Perbadanan had been named therein or had been a party thereto.
24
Act 609
Transfer of moneys to the Fund