Malaysia legislation
Section 42
Section 42
Subject to the provisions of this Act, and to any direction of the
Minister, all deeds, bonds, agreements, instruments and working arrangements subsisting immediately before the appointed date and affecting any of the property transferred under section 41 shall, on or after the appointed date, have full force and effect against or in favour of the Board established by this Act and shall be enforceable as fully and effectually as if, instead of the dissolved Board, the Board established by this Act had been named therein or had been a party thereto.