Malaysia legislation

Section 55

of *PENGURUSAN DANAHARTA NASIONAL BERHAD ACT 1998

Section 55

Validity of transaction

Any payment made, transaction entered into, or any other act or thing done in good faith by, or with the consent of the Special

Administrator, is valid and effective for the purposes of this Act and shall not be void or voidable nor be considered as an undue preference in the winding up of the affected person.