Malaysia legislation
Section 17
Seksyen 17
Pindaan seksyen 15
(a)
dalam subseksyen (3)—
(i)
dalam perenggan (a), dengan memasukkan selepas koma bertindih di hujung perenggan itu perkataan
“or”;
(ii)
dalam perenggan (b), dengan menggantikan perkataan “; or” dengan noktah; dan
(iii)
dengan memotong perenggan (c);
(b)
dalam subseksyen (4)—
(i)
dalam perenggan (a), dengan memotong perkataan “or a specified interest therein to be charged to the beneficiary for amount of his share, together with interest at such rate as may be just, not exceeding five per centum per annum, in lieu of allocating to him a proprietary interest”;
Undang-Undang Malaysia 16
Akta A1643
(ii)
dalam perenggan (b), dengan memotong perkataan
“and may order, if necessary, that any such payment and interest thereon at such rate as may be just, not exceeding five per centum per annum, be secured by a charge upon any share or shares of those other beneficiaries”; dan
(iii)
dalam proviso kepada perenggan (bb), dengan menggantikan perkataan “has deposited with the Land Administrator” dengan perkataan
“has deposited with the Corporation”; dan
(c)
dengan memasukkan selepas subseksyen (4) subseksyen yang berikut:
“(4a) Where any beneficiary fails to agree to the sale of the land or any part of it, the Estate Distribution
Officer may order the land or any part of it to be sold in such manner as may be prescribed based on the consent of the beneficiaries holding two-third majority shares on the land or any part of it.
(4b)
In the exercise of the power under subsection (4a), the Estate Distribution Officer shall take into account the interest of the beneficiaries to be secured and protected.”.
Pindaan seksyen 16