Malaysia legislation

Section 36

of PERBADANAN PEMBANGUNAN EKONOMI SARAWAK ORDINANCE, 1958

Section 36

Where any property charged as security for a loan under this

Ordinance is sold for the purpose of the enforcement of the security, the Corporation may buy such property, and may either manage and hold such property or sell or otherwise dispose of it as the Corporation may deem fit.

Special provision for charge of movable property in favour of the

Section 36 — PERBADANAN PEMBANGUNAN EKONOMI SARAWAK ORDINANCE, 1958