3. Interpretation

In this Act, unless the context otherwise requires—

“regulatory body” means an authority that is responsible for the enforcement of laws;

“proposal” means the proposal under paragraph 17(1)(b);

“rights” means all rights, powers, privileges and immunities, whether actual, contingent or prospective;

“property” includes all property, movable and immovable, and all interests, easement or rights, whether equitable or legal in, to or out of the property, choses in action, money and goodwill;

“Malaysia Airlines Berhad” means the corporation referred to in section 23;

“Minister” means the Prime Minister of Malaysia;

“officer” has the meaning assigned to it in section 4 and subsection 132(6) of the Companies Act 1965 [Act 125];

“appointer” means the person who appoints an Administrator under section 5;

“creditor” includes counterparties in an agreement, contract or arrangement with the Administered Companies;

“Independent Advisor” means the person appointed under section 18;

“Administrator” means the person appointed under section 5;

“Company” means the Malaysian Airline System Berhad;

8

“specified subsidiary companies” means the partially owned subsidiary companies listed in paragraph 4(c);

“Administered Companies” means the Company, its wholly owned subsidiary companies, and the specified subsidiary companies that have been placed under administration under section 4;

“liabilities” includes debts, charges and obligations of every description whether present or future, actual or contingent, and whether payable or to be observed or performed in Malaysia or elsewhere.