Malaysian Airline System Berhad (Administration) Act 2015 · Updated to 5 Jan 2015 · Part II · Administration
9. Functions of Administrator
Feedback & supportThe Administrator shall have the following functions:
to carry out the business and operations (including the restructuring of such operations) of the Administered
Companies;
to take into his custody or under his control the property, liabilities, businesses and affairs of the Administered
Companies and all the property to which the Administered
Companies are or appear to be entitled;
to manage the property, business, liabilities and affairs of the Administered Companies in the name and on behalf of the Administered Companies, including the disposal of property and liabilities;
to assume control and exercise all powers conferred on the directors under the Companies Act 1965 or by the constitution of the Administered Companies, and the powers of the directors of the Administered Companies shall then cease except in so far as the Administrator may permit;
to make any arrangement or compromise on behalf of the
Administered Companies with their creditors or any class of them or between the specified subsidiary companies and their members or any class of them or between the
Administered Companies and their debtors or any class of them; and
to perform any function that the Administered Companies or any of their officers could perform or exercise if the
Administrator had not been appointed.
Nothing in paragraph (1)(d) shall require the Administrator to call any meetings of the Administered Companies.