Pengurusan Danaharta Nasional Berhad Act 1998 · Updated to 1 Feb 2013 · Part IX · Application of the Act
Pengurusan Danaharta Nasional Berhad Act 1998 · Updated to 1 Feb 2013 · Part IX · Application of the Act
Official textFrom Laws of Malaysia Online, unchanged
The Corporation may effect —
any transfer of an asset by the Corporation to any subsidiary of the Corporation;
asset
“asset” includes any credit facility, property and business or enterprise of any kind;
any transfer of an asset between any subsidiary of the
Corporation; or
any transfer of an asset to the Corporation from any subsidiary of the Corporation, by issuing a vesting certificate under section 14 which shall have effect of vesting all rights and liabilities of the transferor to the transferee.
vesting certificate
“vesting certificate” means a certificate issued under section 14 and includes a replacement vesting certificate issued under section 14A;
asset
“asset” includes any credit facility, property and business or enterprise of any kind;
liabilities
“liabilities” includes debts and obligations of every kind, whether present or future, or whether vested or contingent;
vesting certificate
“vesting certificate” means a certificate issued under section 14 and includes a replacement vesting certificate issued under section 14A;
Part X