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Pengurusan Danaharta Nasional Berhad Act 1998 · s 16

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s 16Additional provisions on land

(1)

Notwithstanding the provisions of the National Land Code, the Land Ordinance of Sabah, the Land Code of Sarawak or any other law, any caveat or prohibitory order which was registered, endorsed or entered prior to, on or after the vesting date shall not prevent a transfer of any interest in land of the seller to the Corporation.

(2)

Where a vesting certificate vests in the Corporation any interest in land—

(a)

in Peninsular Malaysia, on receipt of—

(i)

payment of the prescribed fee; and

(ii)

the applicable form—

(A)

with the vesting certificate attached to it;

and

(B)

showing the identity of the person and particulars of the land affected by the vesting,

26 Laws of Malaysia the Registrar under the National Land Code shall without the need for any further application or filing of any further document make a memorial on the register document of title and make such other entries and generally do all things as may be necessary to give effect to the vesting;

(b)

in Sabah, on receipt of—

(i)

payment of the prescribed fee; and

(ii)

the applicable form—

(A)

with the vesting certificate attached to it;

and

(B)

showing the identity of the person and particulars of the land affected by the vesting, the Registrar under the Land Ordinance of Sabah shall without the need for any further application or filing of any further document make a memorial on the register document of title and make such other entries and generally do all things as may be necessary to give effect to the vesting;

(c)

in Sarawak, on receipt of—

(i)

payment of the prescribed fee; and

(ii)

the applicable form—

(A)

with the vesting certificate attached to it;

and

(B)

showing the identity of the person and particulars of the land affected by the vesting, the Registrar under the Land Code of Sarawak shall without the need for any further application or filing of any further document make a memorial on the register

Pengurusan Danaharta Nasional Berhad 27

document of title and make such other entries and generally do all things as may be necessary to give effect to the vesting.

(3)

Notwithstanding any provision in the National Land Code, the

Land Ordinance of Sabah, the Land Code of Sarawak or any other law, a vesting certificate shall be conclusive evidence of a vesting of an interest in land in the Corporation.