Public Trust Corporation Act 1995 · Updated to 1 Sep 2010 · Part III · Functions, Powers and Duties of the Corporation
20. Undistributed funds
Feedback & supportWhere, upon the conclusion of the administration of the estate of a person dying testate or intestate, there remains with the
administration
“administration” means the administration of the estate of a deceased person by an executor or administrator; *
Corporation funds of which it is unable to dispose immediately by distribution in accordance with law by reason of the inability of the person entitled to give a discharge, through lack of legal capacity or otherwise, or by reason of any other cause which to the Corporation appears sufficient, the Corporation may apply the same for the benefit of that person and may for the purpose exercise all the powers under section 19.
Corporation
“Corporation” means the corporation under the name of Amanah Raya Berhad incorporated under the Companies Act 1965