Section 48
Transfer of property
of Forest Research Institute Malaysia Act 2016
ActIn forceProvision 48 of 56
Section 48
(1)
All lands that before the appointed date were vested in, or reserved under any written law relating to land for the purposes of the dissolved Board shall on the commencement date vest in or be deemed to be reserved for the purposes of the Institute.
(2)
All properties and assets, other than land, that before the commencement date were vested in the dissolved Board or in any person on behalf of the dissolved Board shall on the commencement date vest in the Institute.