Malaysia legislation

Section 132

of INSOLVENCY ACT 1967

Section 132

Exemption of deeds, etc., from stamp duty

(2)

Every deed, conveyance, assignment or other assurance relating solely to freehold (including land held in perpetuity)

or leasehold property or to any mortgage, charge or other incumbrance on, or any estate, right or interest in, any real or personal property which is part of the estate of any bankrupt, and which, after the execution of the deed, conveyance, assignment or other assurance, either at law or in equity, is or remains the estate of the bankrupt or of the Director General of Insolvency, and every power of attorney, proxy paper, writ, order, certificate, affidavit, bond or other instrument or writing relating solely to the property of any bankrupt or to any proceeding under any bankruptcy shall be exempt from stamp duty except in respect of fees under this Act.

Act 360

Corporations, Firms and Mentally Disordered Persons

Acts of corporations, firms and mentally disordered persons

Section 132 — INSOLVENCY ACT 1967 | mylaw.my