Malaysia legislation

Section 11

of PENANG PORT COMMISSION ACT 1955

Section 11

(2)

A member shall not be deemed to have a share or interest in any such contract or arrangement by reason only of his being a shareholder in a company with which it is proposed that the

Commission should enter into a contract or arrangement unless he has a controlling interest in the company.

Penang Port Commission 17

Quorum and proceedings of Commission