Malaysia legislation

Section 194

of *LAND PUBLIC TRANSPORT ACT 2010

Section 194

(a)

the Minister may by order published in the Gazette provide for the Director General of Land Public Transport to assume control of the whole of the property, business and affairs of that licensee, licensed operator, terminal licensee or intermediation business licensee and carry on the whole of its business and affairs, or to assume control of such part of its property, business and affairs and carry on such part of its business and affairs, as may be set out in the order, or for the Director General of Land Public Transport to appoint any person to do so on behalf of the Director General of

Land Public Transport and for the costs and expenses of the

Director General of Land Public Transport or the remuneration of the person so appointed, as the case may be, to be payable out of the funds and properties of the licensee, licensed operator, terminal licensee or intermediation business licensee as a first charge thereon;

(b)

the Minister may, whether or not an order has been made under paragraph (a), authorize an application to be made by the Director General of Land Public Transport to the High

Court to appoint a receiver or manager to manage the whole of the property, business and affairs of that licensee, licensed operator, terminal licensee or intermediation business licensee or such part thereof as may be set out in the order, if any, and for all such incidental, ancillary or consequential orders or directions of the High Court in relation to such appointment as may, in the opinion of the

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Director General of Land Public Transport, be necessary or expedient.

(2)

The Minister may, by order published in the Gazette, exempt the person appointed pursuant to paragraph (1)(a) or (b) from the provisions of Chapters 2 and 2A of Part II, Chapters 1, 2, 3 and 4 of

Part III and Chapters 4 and 5 of Part IV.

(3)

An order of the Minister under subsections (1) and (2) may be modified, amended, altered, varied or replaced either prospectively, or where it is not impracticable or unjust to do so, retrospectively, by a further order under subsection (1) or (2), as the case may be.

(4)

An order made under subsection (1), (2) or (3) may, at any time, be revoked by an order similarly made by the Minister and any such order may contain all such orders, directions or provisions of an incidental, ancillary or consequential nature as may be deemed necessary or expedient by the Minister.

Action by Minister in respect of licensee, licensed operator, terminal licensee or intermediation business licensee in national interest