Malaysia legislation

Section 159

of *MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011

Section 159

(a)

to dispose of such property or any part of such property by way of private treaty in accordance with the Fourth

Schedule; and

(b)

where such property consists of land, to take all steps as it deems fit to preserve the value of the land or to facilitate the

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disposal of the land by way of private treaty in accordance with the Fourth Schedule, including entering the land, whether by itself or by any person authorized by it, to inspect, protect, secure, maintain or repair the land.

(2)

The acquisition or disposal of property in accordance with the

Fourth Schedule shall have the effect set out in that Schedule.

Provisions relating to a conservator

Interpretation