Malaysia legislation
Section 20
Section 20
Substitution of section 32a
The principal Act is amended by substituting for section 32a the following section:
“Notice of trust in Register 32a. (1) A notice of any implied or constructive trust shall neither be accepted by the Registrar nor be entered in the Register.
(2)
A notice of an express trust or a beneficiary of an express trust, or both, may be accepted by the Registrar and entered in the Register.
(3)
Notwithstanding subsection (2), the Registrar shall not be affected by the notice of an express trust or a beneficiary of an express trust, and failure to enter such notice in the Register does not affect any right or duty under the trust.”.
Substitution of section 33