Malaysia legislation

Section 14A

of *PENGURUSAN DANAHARTA NASIONAL BERHAD ACT 1998

Section 14A

(2)

Any replacement vesting certificate issued under subsection (1)

executed under the seal of the Corporation stating that an asset has been vested in the Corporation shall be conclusive evidence of such vesting as of the vesting date specified in the replacement vesting certificate.

(3)

If any law stipulates a time period within which a transfer of any of the assets stated to be the subject of a replacement vesting certificate issued under subsection (1) shall be registered or filed, that period shall commence from the date the replacement vesting certificate is issued.

(4)

Any act done by the Corporation, seller, Special Administrator or any other person in reliance of a vesting certificate previously issued shall not be affected by any omission or error rectified in a replacement vesting certificate issued under subsection (1).

Pengurusan Danaharta Nasional Berhad 25

(5)

For the purposes of this Act, a reference to a vesting certificate shall be deemed to include a reference to a replacement vesting certificate issued under subsection (1).

Preservation of rights