Malaysia legislation

Section 196

of *LAND PUBLIC TRANSPORT ACT 2010

Section 196

(2)

The terms and conditions of the appointment referred to in subsection (1) shall, subject to the order under which the appointment is made and to subsection (1), be determined by the Director General of Land Public Transport and shall be binding on the licensee, licensed operator, terminal licensee or intermediation business licensee concerned.

(3)

A person holding any appointment as is referred to in subsection (1) shall not incur any obligation or liability solely by reason of his holding such appointment.

(4)

Where a receiver or manager has been appointed in respect of a licensee, licensed operator, terminal licensee or an intermediation business licensee by the High Court under paragraph 194(1)(b), all proper costs, charges and expenses, including the remuneration of the receiver or manager, shall be payable out of the assets of the licensee, licensed operator, terminal licensee or intermediation business licensee in priority to all other claims.

Provisions relating to assumption of control under section 194

or 195