Section 42
Transfer of property
of Perbadanan Stadium Malaysia 2010
ActIn forceProvision 42 of 49
Section 42
(1)
All lands which before the appointed date were vested in, or reserved under any written law relating to land for the purposes of the dissolved Corporation shall, on that date, by virtue of this Act, be vested in or be deemed to be reserved for the purposes of the
Perbadanan established by this Act.
(2)
All property and assets, other than land, that immediately before the appointed date were vested in the dissolved Corporation or
28 Laws of Malaysia ACT 717
in any person on behalf of the dissolved Corporation, shall, as the case may be, on that date, vest in the Perbadanan established by this
Act.