Section 40
Vesting of property, etc.
of Co-Operative Institute (Incorporation) Act 1968 (REVISED—2025)
All properties, movable or immovable, which immediately before the commencement of this Act were vested in or held by or for the Co-operative College of Malaya shall, on the coming into operation of this Act and without any conveyance, assignment or transfer, vest in or pass to the College for the like titles, estates or interests and on the like tenures and for the like purposes as the same were vested or held immediately before the coming into operation of this Act.
(2)
All rights and liabilities which immediately before the commencement of this Act were the rights and liabilities of the
Co-operative College of Malaya shall, upon the commencement of this Act, be the rights and liabilities of the College.