Malaysia legislation

Section 39

of *BANK SIMPANAN NASIONAL ACT 1974

Section 39

Compulsory acquisition of land

(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.