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Part II · Administration

7. Qualifications of Administrator

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(1)

No person shall be appointed as an Administrator unless he—

(a)

is a natural person; and

(b)

has consented in writing to his appointment.

(2)

The following persons shall be qualified to be appointed as an Administrator:

(a)

a company auditor approved under the Companies

Act 1965; or

(b)

a person who is, in the opinion of the appointer, capable of performing the duties of an administrator.

10

(3)

The following persons shall not be qualified to be appointed as an Administrator:

(a)

an undischarged bankrupt;

(b)

a mortgagee of any property of the Administered

Companies;

(c)

a person with direct or indirect shareholding in the

Administered Companies;

(d)

a person who is, directly or indirectly, interested in any contract or arrangement to provide goods or services to the Administered Companies;

(e)

an auditor of the Administered Companies; or

(f)

an officer of the Administered Companies.

Report

Part III

Proposal of Administrator and Appointment of Independent Advisor

Part IV

Malaysia Airlines Berhad

Part V

Part VI

General

Schedules