Malaysia legislation

Section 42

of PUBLIC SECTOR HOME FINANCING BOARD ACT 2015

Section 42

All acts and things done on behalf of the Board in preparation for or in anticipation of the enactment of this Act and any expenditure incurred in relation thereto shall be deemed to have been authorized under this Act, provided that the acts and things done are consistent with the general intention and purposes of this

Act; and all rights, interests, obligations and liabilities acquired or incurred as a result of the doing of those acts or things including any expenditure incurred in relation thereto shall upon the coming into operation of this Act be deemed to be the rights, interests, obligations and liabilities of the Board.