Public Trust Corporation Act 1995 · Updated to 1 Sep 2010 · Part IV · Financial Provisions
23. Bank accounts
Feedback & supportThe Corporation may establish and keep in any bank in its name—
Corporation
“Corporation” means the corporation under the name of Amanah Raya Berhad incorporated under the Companies Act 1965
a general account in which trust funds may be kept temporarily pending their investment; and
as many special and trust accounts as are necessary to enable the Corporation to perform the duties and functions and exercise the powers of the Corporation.
Any amount standing to the credit of the general accounts of the Public Trustee and the Official Administrator immediately before the appointed date shall be transferred to the general account established under paragraph (1)(a).
Public Trustee
“Public Trustee” means the Public Trustee, Malaysia, appointed under the Public Trustee Act 1950;