Skip to content

Section 4

Provisions for payment of money to stockholders

of Government Trustee Securities Act 1957

ActIn forceProvision 4 of 7
Section 4
(1)

Whenever by the final judgment, decree, rule or order of any court of competent jurisdiction in the United Kingdom, any sum of money is adjudged or declared to be payable by the Government of

Malaysia in respect of any Federal Government securities, the

Government shall forthwith pay that sum out of the funds in the hands of the Crown Agents belonging to the Government, without further appropriation than this Act.

(2)

For the purposes of this section “final judgment, decree, rule or order” means in case of appeal the final judgment, decree, rule or order of the ultimate court hearing the appeal.