Malaysia legislation

Section 6

of *EMPLOYMENT INSURANCE SYSTEM ACT 2017

Section 6

The Organization may, upon such terms and conditions as the

(a)

enter into contracts;

(b)

acquire, purchase, take, hold and enjoy movable and immovable property of every description; and

Employment Insurance System 15

(c)

convey, assign, surrender, yield up, charge, mortgage, demise, lease, reassign, transfer or otherwise dispose of, or deal with, any movable or immovable property or any interest vested in the Organization.

Exercise of functions and powers of Organization