Malaysia legislation

Section 5

of AKTA PEMEGANG AMANAH (PEMERBADANAN) (PINDAAN) 2025

Seksyen 5

Seksyen 6 Akta ibu dipinda—

(a)

dengan menomborkan semula seksyen sedia ada sebagai subseksyen (1); dan

(b)

dengan memasukkan selepas subseksyen (1) yang dinomborkan semula itu subseksyen yang berikut:

“(2)  Subject to subsection (1), the Minister may inspect or authorize any person to inspect a trustee if he is of the opinion that the property vested in the trustee is being misused.

(3)

If, as a result of the inspection carried out pursuant to subsection (2), the Minister finds that the property has been misused, or used in circumstances which are prejudicial to the interests of members of the body corporate in respect of which the trustee has been incorporated, he may—

(a)

suspend the trustee found in misuse of such property; and

(b)

refer the matter to law enforcement agencies for investigation.”.

Pindaan seksyen 15

Section 5 — AKTA PEMEGANG AMANAH (PEMERBADANAN) (PINDAAN) 2025