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Section 36

Director General to be informed of any change in control of company, etc.

of Railways Act 1991

ActIn forceProvision 36 of 105
Section 36
(1)

It shall be the duty of every railway company, at all times, to inform the Director General immediately of the following matters:

(a)

any change in the control of the railway company;

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Laws of Malaysia ACT 463

(b)

any industrial dispute between the railway company and its employees;

(c)

any fire occurrence within its premises;

(d)

any proceedings or claim instituted or made against the railway company which might have an adverse effect on its financial condition or on its ability to perform any condition under the licence.

(2)

For the purposes of paragraph (1)(a), the expression “control”

in relation to a railway company, means having the power, directly or indirectly, to direct the management and policy of the railway company.

(3)

A railway company which fails to comply with this section shall be guilty of an offence and shall on conviction be liable to a fine not exceeding ten thousand ringgit.