Malaysia legislation
Section 12C
Section 12C
(2)
Every approved port operator shall—
(a)
on or before the 31st day of March immediately after each financial year, or within such longer period as the Minister may allow, submit to the Minister and to the Port Authority appointing that approved port operator—
(i)
a report of its operation during that financial year containing such information as is necessary to enable the Port Authority to make an informed assessment of such operation; and
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(ii)
its audited annual balance sheet, profit and loss account, together with any note thereon, and the reports of the auditor and the directors; and
(b)
submit to the Port Authority concerned—
(i)
such statistical information relating to its operation as may be required by the Port Authority from time to time;
(ii)
its cargo forecast over such period and in such form as may be determined by the Port Authority from time to time; and
(iii)
future development plans relating to any service or facility which it is bound to provide under the conditions of the agreement referred to in section 12B(1).
(3)
The Minister or a Port Authority may require an approved port operator to submit such further or additional information as it may deem necessary either by way of an explanation, amplification or otherwise with reference to any report or information forwarded by the approved port operator under subsection (1) and such information shall be submitted within the period and in such manner as the Port
Authority may require.
[Ins. Cap. A70.]
Approved port operator to keep Minister and Port Authority informed of certain matters