Malaysia Tourism Promotion Board Act 1992 · Updated to 1 Apr 2013 · Part VII · Repeal and Transitional Provisions
27. Transfer of fund, assets, property, rights, liabilities and obligations
Feedback & support(1)
Subject to the provisions of this Act, all moneys standing in, and due to be paid to, the fund set up under section 8 of the repealed Act shall on the appointed day be transferred to the
Fund.
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(2)
All assets, property, rights, liabilities and obligations which immediately before the appointed day were those of the
appointed day
Defined · s 2
“appointed day” means the day appointed by the Minister under section 1;
Corporation shall as from that day devolve on the Board.
Corporation
Defined · s 2
“Corporation” means the Tourist Development Corporation of Malaysia established under the Tourist Development Corporation of Malaysia Act 1972;