Section 195

the Director General of Land Public Transport to assume control of the whole of the property, business and affairs of a licensee, licensed operator, terminal licensee or an intermediation business licensee and to carry on the whole of the licensee’s, licensed operator’s, terminal licensee’s or intermediation business licensee’s business and affairs;

the Director General of Land Public Transport to assume control of such part of the property, business and affairs of a licensee, licensed operator, terminal licensee or an intermediation business licensee as may be specified by the

Minister and to carry on such part of the licensee’s, licensed

160 Laws of Malaysia ACT 715

operator’s, terminal licensee’s or intermediation business licensee’s business and affairs; or

the Director General of Land Public Transport to appoint any person to exercise any of the actions directed in paragraph (a) or (b) on behalf of the Director General of

Land Public Transport; and

for the expenses of the Director General of Land Public

Transport, or the remuneration of the person so appointed under paragraph (c), as the case may be, to be payable out of the assets of the licensee, licensed operator, terminal licensee or intermediation business licensee in priority to all other claims whether secured or unsecured.

The determination of what amounts to national interest shall be made by the Minister and such determination shall be final and binding upon all persons.

The power of the Minister under this section shall only be exercised with the prior approval of the Federal Government.

The Minister may, by order published in the Gazette, exempt the person appointed by the Director General of Land Public Transport pursuant to subsection (1) 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