Malaysia legislation
Section 3
Section 3
(2)
The Commission shall have perpetual succession and a common seal.
(3)
The Commission may sue and be sued in its name.
(4)
Subject to and for the purposes of this Act, the Commission may, upon such terms as the Commission deems fit—
(a)
enter into contracts;
(b)
acquire, purchase, take, hold and enjoy movable and immovable property of every description; and
(c)
convey, assign, surrender, yield up, charge, mortgage, demise, reassign, transfer, or otherwise dispose of, or deal with, any movable or immovable property or any interest in such property vested in the Commission.
Vesting provisions