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mylaw.myby aturio
In forceUpdated to 1 Oct 2024Read it in Bahasa Malaysia
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Part IV · Administration, Finance and Audit

74A. Power of the Organization to establish or take over companies

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(1)

The Organization may, with the approval of the Minister and the Minister of Finance, establish or take over any company under the

*Companies Act 1965 [Act 125] to carry out, administer, conduct and manage any project, joint venture, privatization programme, scheme, enterprise or any other matter which has been planned or undertaken by the Organization for the purposes of the Scheme of Social Security under this Act.

(2)

The Organization may give instructions to the company referred to in subsection (1) on matters relating to the administration, finance and operation of the company which are consistent with the provisions of this Act, and such company shall give effect to the instructions.

Report

Read on from s 75

Part V

Adjudication of Dispute and Claims

Read on from Part V

Part VI

Penalties

Read on from Part VI

Part VII

Miscellaneous

Read on from Part VII

Schedules