Malaysia legislation
Section 17
Section 17
(a)
payment of the prescribed fee; and
(b)
the applicable form—
(i)
with the vesting certificate attached to it; and
(ii)
showing the identity of the person or asset affected by the vesting, without the need for any further application or filing of any further documents, do all things and make all entries in any register or record kept by that person as may be necessary to give effect to the vesting of the asset to which the vesting certificate relates.
(2)
For the purpose of this section, subsection 112A(1) of the
Companies Act 1965 shall be deemed to apply to the Corporation as if for the word “thirty” in that subsection the word “ninety” had been substituted.
(3)
A Registrar or person who maintains a register or record mentioned in section 16 and this section shall not be liable to any person in respect of the making of any memorial on the register document of title or any other entry in the register or record in reliance on the vesting certificate.
28 Laws of Malaysia
Vesting of asset outside Malaysia