Malaysia legislation
Section 13
Section 13
Amendment of section 433
(a)
in subsection (2)—
(i)
by substituting for the words “and (c)” the words
“, (c), (d) and (e)”; and
(ii)
in paragraph (b), by substituting for the words
“and (c)” the words “, (c), (d) and (e)”; and
(b)
by inserting after subsection (4) the following subsections:
“(4a) Any approval granted by the Minister under subsection (4) may be made subject to such limitations or conditions as he thinks fit and may be revoked at any time by the Minister by the service of a notice of revocation on the approved person.
Companies (Amendment)
(4b)
Every approval under this section including the renewal of approval of a liquidator shall be in force for a period of two years after the date of issue unless sooner revoked by the Minister charged with the responsibility for finance.
(4c)
The Minister charged with the responsibility for finance may delegate all or any of his powers under this section to any person or body of persons.”.
New section 580a