Section 7
Assignment of right to demand, collect and retain tolls
of Federal Roads (Private Management) Act 1984
(1)
The Minister, with the concurrence of the Minister of
Finance, may in appropriate cases, having taken into account the interest of the person authorized to demand, collect and retain tolls under section 2, by notification in the Gazette authorized, subject to such terms and conditions as the Minister thinks fit, the assignment of the right of the authorized person to demand, collect and retain tolls to any person who has an interest in the financing of the construction, re-construction, upgrading, repair or maintenance of the road, bridge or ferry in question (in this section referred to as “the assignee”)
8 Laws of Malaysia ACT 306
(2)
The notification under subsection (1) shall specify the duration of the authorization, which shall not be longer than the duration of the authorization specified in the relevant order under section 2.
(3)
For the duration of the authorization under subsection (1), the assignee shall be deemed to be the person authorized to demand, collect and retain tolls under section 2 for the use of the road, bridge or ferry in question and shall comply with sections 3, 4 and 5.