Pengurusan Danaharta Nasional Berhad Act 1998 · s 39

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39. (1) The Special Administrator may require any person who has in his possession or control assets or books to which the affected person appears to be entitled to deliver, convey, surrender or transfer the assets or books to the Special Administrator forthwith or within such period as the Special Administrator may direct.
(2) Where the Special Administrator seizes any property which is not property of the affected person and at the time of the seizure, believes, and has reasonable grounds for believing, that he is entitled to seize that property, then, the Special Administrator is not liable to any person in respect of any loss or damage resulting from the seizure unless that loss or damage is caused wilfully by the Special
Administrator or any person who acts on his behalf or by the Special
Administrator’s own negligence.
(3) Any person who fails to comply with the requirement of the
Special Administrator under subsection (1) commits an offence and shall on conviction be liable to a fine not exceeding two hundred and fifty thousand ringgit or to imprisonment for a term not exceeding three years or to both.

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s 39

(1)

The Special Administrator may require any person who has in his possession or control assets or books to which the affected person appears to be entitled to deliver, convey, surrender or transfer the assets or books to the Special Administrator forthwith or within such period as the Special Administrator may direct.

(2)

Where the Special Administrator seizes any property which is not property of the affected person and at the time of the seizure, believes, and has reasonable grounds for believing, that he is entitled to seize that property, then, the Special Administrator is not liable to any person in respect of any loss or damage resulting from the seizure unless that loss or damage is caused wilfully by the Special

Administrator or any person who acts on his behalf or by the Special

Administrator’s own negligence.

(3)

Any person who fails to comply with the requirement of the

Special Administrator under subsection (1) commits an offence and shall on conviction be liable to a fine not exceeding two hundred and fifty thousand ringgit or to imprisonment for a term not exceeding three years or to both.

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