Malaysia legislation
Section 15
Section 15
(a)
an order to authorize any subsidiary of the holding company to have a financial year that does not coincide with its holding company; and
(b)
an approval or permission to be appointed as a liquidator,
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made before the date of coming into operation of this Act and pending before the Registrar or the Minister charged with the responsibility for finance, as the case maybe, shall continue to be valid and shall be dealt with under the principal Act as if the principal Act had not been amended by this Act.
(2)
Any order, approval or permission made or given under the principal Act immediately before the date of coming into operation of this Act shall continue to remain in full force and effect in relation to the persons to whom the order, approval or permission applied until amended, repealed, rescinded, revoked or replaced under the provisions of this Act.
KUALA LUMPUR