Malaysia legislation
Section 7
of *BANK KERJASAMA RAKYAT MALAYSIA BERHAD (SPECIAL PROVISIONS) ACT 1978
Section 7
Devolution of rights and liabilities
(2)
Subject to this Act, all powers, rights, privileges, duties, liabilities and obligation that, immediately before the commencement of this Act, were those of the previous Board shall, as from that commencement, devolve on the Board.
Steps for the efficient management of the Bank