Malaysia legislation

Section 107

of PENANG PORT COMMISSION ACT 1955

Section 107

(2)

With the approval of the Minister the Commission may enter into arrangements or agreements with any Harbour Board established and incorporated in Singapore in respect of the Port of Singapore for the continued maintenance and administration or for the winding up of any joint provident fund established, maintained or administered by virtue of paragraph 22(1)(b) of the Ports Ordinance and may by regulations make such provision as may be necessary for carrying out and giving effect to any such arrangements or agreements.

(3)

Pending the making of any regulations under subsection (1)

or (2), any provident fund, joint provident fund, pension scheme or superannuation scheme established, maintained or administered under section 22 of the Ports Ordinance shall continue to be maintained and administered in all respects as if this Act had not been passed:

Provided that any rights, trusts, obligations and duties formerly conferred and imposed on the Board in relation to the fund or scheme shall as from the appointed day be deemed to have been conferred and imposed on the Commission.

Transferred officers and servants of Administration to be deemed for purpose of pensions to continue in service of Administration