Malaysia legislation

Section 8A

of *ADMINISTRATION OF ISLAMIC LAW (FEDERAL TERRITORIES) ACT 1993

Section 8A

(2)

Every company established or purported to be established by the

Majlis under the *Companies Act 2016 before the commencement of this section shall be deemed to have been lawfully established and shall continue to exist as if it had been established by the Majlis under subsection (1).

(3)

Any financing or financial assistance given by the Majlis under subsection 7(2) to a company referred to in subsection (2) shall be deemed to have been lawfully given.

Borrowing powers

Section 8A — ADMINISTRATION OF ISLAMIC LAW (FEDERAL TERRITORIES) ACT 1993