Skip to content

Section 39

Compulsory acquisition of land

of Bank Simpanan Nasional Act 1974

ActIn forceProvision 44 of 49
Section 39

(2)

The expenses and compensation in respect of any immovable property acquired under this section shall be paid by the Bank.

(3)

When any immovable property has been acquired under this section, the Bank shall extract the necessary documents of title in respect of such property and shall pay any rent to which such property may be subject.