Perbadanan Pembangunan Bandar (Successor Company) Act 1996 · Updated to 15 Nov 2025 · Part III · Provisions Relating to Staff
8. Staff
Official textFrom Laws of Malaysia Online, unchanged
The successor company shall accept into its employment on a date to be appointed by the Minister by notification in the Gazette every person who immediately before that date is a member of the staff of the Perbadanan Pembangunan Bandar and who was given an option by the Perbadanan Pembangunan Bandar and has opted to serve as an employee of the successor company.
successor company
“successor company” means the company limited by shares incorporated under the **Companies Act 1965, and named by the Minister in the order under subsection 3(1), to which property, rights and liabilities of the Perbadanan Pembangunan Bandar are transferred and vested in under section 3;
Every such person who opts under subsection (1) to serve as an employee of the successor company shall be employed by the successor company on terms and conditions of service not less favourable than the terms and conditions of service to which he was entitled to immediately before the appointed date.
appointed date
“appointed date” means the date on which this Act comes into force;
*NOTE—The Companies Act 1965 [Act 125] has since been repealed by the Companies Act 2016
[Act 777] which comes into operation on 31 January 2017–see subsection 620(1) of Act 777.
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Terms defined in s 2
appointed date
Defined · s 2“appointed date” means the date on which this Act comes into force;
Minister
Defined · s 2“Minister” means the Minister for the time being charged with the responsibility for urban development;
Perbadanan Pembangunan Bandar
Defined · s 2“Perbadanan Pembangunan Bandar” means the Perbadanan Pembangunan Bandar established under the *Perbadanan Pembangunan Bandar Act 1971;
successor company
Defined · s 2“successor company” means the company limited by shares incorporated under the **Companies Act 1965, and named by the Minister in the order under subsection 3(1), to which property, rights and liabilities of the Perbadanan Pembangunan Bandar are transferred and vested in under section 3;