Section 8A
Power to establish companies and validation of companies established
of Administration of Islamic Law (Federal Territories) Act 1993
The Majlis may, with the approval of the Yang di-Pertuan
Agong, establish companies under the *Companies Act 2016 [Act 777]
to carry out any activity which has been planned or undertaken by the
Majlis in execution of its duty or powers under section 7.
(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.