Malaysia legislation
Section 33
Section 33
Transfer pursuant to sale by Court
(1)
Where the Court orders the sale of a Langkawi yacht or a share in the yacht, the order of the Court shall contain a declaration vesting in some named person the right to transfer in the yacht or the share in the yacht.
(2)
The person so named shall be entitled to transfer the yacht or the share in the yacht. in the same manner and to the same extent as if he were the owner of the yacht or the share in the yacht.
(3)
The Director General shall deal with any application relating to the transfer of the yacht or the share in the yacht made by the person so named as if that person were the owner of the yacht or the share in the yacht.
Power of Court 33A.
The Court may, if it thinks fit without prejudice to the exercise of any other power of the Court, on the application of any interested person, make an order prohibiting for a time specified, any dealing with a Langkawi yacht or any share in the yacht, and the Court may make the order on any terms or conditions it considers just, may refuse to make the order or may discharge the order when made, with or without costs, and generally may act in the case as the justice of the case requires, and the Director General, without being made a party to the proceedings, shall, on being served with the order or an official copy of the order, comply with the order.
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