Malaysia legislation

Section 19

of MALAYSIAN INDUSTRIAL DEVELOPMENT AUTHORITY (INCORPORATION) (AMENDMENT) ACT 2011

Section 19

Savings and transitional provisions

(2)

The change of name of “The Malaysian Industrial Development

Authority” to “The Malaysian Investment Development Authority”

upon the coming into operation of this Act shall not affect any rights or obligations of the Authority or render defective any legal proceedings by or against it, and any legal proceedings that could have been continued or commenced by or against it before the date of coming into operation of this Act may be continued or commenced under its new name.

(3)

All actions, regulations, orders, directions, notifications, approvals, decisions, guidelines and other executive acts made, given or done under, or in accordance with, or by virtue of the principal Act before the coming into operation of this Act shall be deemed to have been made, given or done under, or in accordance with, or by virtue of, the corresponding provision introduced or amended by this Act, and shall continue to remain in full force and effect in relation to the persons to whom they apply until amended, repealed or rescinded under, in accordance with, or by virtue of, the corresponding provision introduced or amended by this Act.

KUALA LUMPUR

(4)

All references to the Director General of the Malaysian

Industrial Development Authority in any written law or document shall, on the coming into operation of this Act, be construed as references to the Chief Executive Officer of the Malaysian

Investment Development Authority.

(5)

All moneys contained in or due to be paid into the Malaysian

Industrial Development Authority Fund established under section 10 of the principal Act shall, on the coming into operation of this

Act, be transferred to and be deemed to be part of the Malaysian

Investment Development Authority Fund.

(6)

All deeds, documents and other instruments executed by the Authority under the common seal of “Malaysian Industrial

Development Authority” before the coming into operation of this Act shall continue to remain in full force and effect on the coming into operation of this Act.

Section 19 — AKTA LEMBAGA KEMAJUAN PERINDUSTRIAN MALAYSIA (PEMERBADANAN) (PINDAAN) 2011