Section 61
Appointment of receiver to be notified to the Director General
Where a receiver of the property of a registered person is appointed, the receiver shall give notice of his appointment to the
Director General within fourteen days after the appointment being made, and shall before disposing of any of the assets of that registered person set aside such sum out of the assets as appears to the Director
General to be sufficient to provide for any departure levy that is or will thereafter become due and payable by that registered person before the appointment of the receiver, and shall pay such departure levy.
(2)
Any person appointed as receiver who fails to give notice to the
Director General within the time specified in subsection (1) or fails to provide for payment of the departure levy as required by that subsection shall be personally liable for any departure levy that is or will become due and payable as aforesaid.
42 Laws of Malaysia ACT 813
(3)
Any receiver who fails to comply with subsection (1) shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding one hundred thousand ringgit or imprisonment for a term not exceeding one year or to both.
(4)
Where two or more persons are appointed as receivers, the obligations and liabilities attaching to a receiver under this section shall attach to all such persons jointly and severally, subject to a right of contribution between themselves as in cases of contract.