Postal Services Act 2012 · Updated to 1 May 2020 · Part IV · Licensing Provision
16. Assignment or transfer of licence
Feedback & supportThe licence shall not be assigned or transferred to any other person except with the prior written approval of the Minister.
licence
“licence” means a universal service licence or non-universal service licence granted under subsection 13(2);
A licensee who assigns or transfers its licence to any other person without the prior written approval of the Minister commits an offence and shall, on conviction, be liable to a fine not exceeding five hundred thousand ringgit or to imprisonment for a term not exceeding five years or to both.
licensee
“licensee” means a company incorporated under the *Companies act 1965 that has been granted a licence under this Act to provide postal services;