Malaysia legislation
Section 269
Section 269
Protection of purchasers
(1)
The receipt in writing of any officer of the Court or Land
Administrator or in the case of a financial institution, chargee to whom any purchase money is paid on a sale under this Chapter shall be a sufficient discharge therefor to the purchaser; and the purchaser shall not be concerned to see to the application thereof, and shall not be liable for any loss occasioned by any failure to apply it in accordance with section 268 or 268a, as the case may be.
(2)
The sale of any lease under this Chapter shall not constitute a breach of any provision thereof, express or implied, restricting the right of the lessee to transfer the lease or otherwise part with the possession of the demised property.
287
National Land Code 431
Provisions of the
National Land Code
Modification
Section 268a
In its application to the Federal Territory of Labuan, in subsections (1) and (3), delete the words “or the
Land Administrator, as the case may be,”.
Subsection 269(1)
In its application to the Federal Territory of Labuan, delete the words “or Land Administrator”.
Act 828
(3)
Notwithstanding anything contained in this Act or any other written law, the State Authority, any local authority, any chargor or purchaser who suffers any loss or damage by reason of any act, omission, neglect, error or default arising under this Chapter shall be entitled to such compensation as may be determined by the Court.