Seksyen 1
Perintah ini bolehlah dinamakan Perintah Pemerbadanan (Kekompetenan Badan Perundangan Negeri) (Pindaan Jadual Kedua) 1990.
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PERINTAH PEMERBADANAN (KEKOMPETENAN BADAN PERUNDANGAN NEGERI) (PINDAAN JADUAL KEDUA) 1990 is Malaysia P.U. (A), cited as P.U. (A) 120 1990, currently marked in force and first recorded in 1990.
Opening note
Perintah ini bolehlah dinamakan Perintah Pemerbadanan (Kekompetenan Badan Perundangan Negeri) (Pindaan Jadual Kedua) 1990.
Jadual Kedua Akta Pemerbadanan (Kekompetenan Badan Perundangan Negeri) 1962 adalah dipinda dengan memasukkan, selepas sahaja perenggan 13, perenggan 13A baru seperti berikut:
"Aset-aset tiduk boleh dilupuskan tanpa persetujuan.
Tiada perbadanan boleh, tanpa persetujuan bertulis terdahulu daripada Menteri Kewangan, melupuskan, melepaskan atau menukar dengan tunai atau balasan lain mana-mana asetnya melainkan jika Menteri mengarahkan, sama ada secara khusus berkenaan dengan apa-apa aset tertentu, atau secara am berkenaan dengan apa-apa kategori aset, bahawa memandangkan rendahnya nilai aset atau aset-aset itu, persetujuan bertulis terdahulu yang sedemikian tidak perlu diperolehi:
Dengan syarat bahawa peruntukan ini tidaklah terpakai berkenaan dengan penjualan mana-mana tanah yang telah dipecahbahagikan menjadi lot-lot kilang, perumahan, kedai, tanpa mengira sama ada tanah itu dimaksudkan untuk dijual dengan atau tanpa sutau bangunan didirikan di atasnya.".
Diperbuat pada 14hb Mac 1990. [PM. (R) 11880/A/040/2 Jld. 2; PN. (PU $ ^{2} $ ) 267.]
DATO' AHMAD SARJI BIN ABDUL HAMID,
Setiausaha Jemaah Menteri
INCORPORATION (STATE LEGISLATURES COMPETENCY) ACT 1962
INCORPORATION (STATE LEGISLATURES COMPETENCY) (AMENDMENT OF SECOND SCHEDULE) ORDER 1990
Opening note
This Order may be cited as the Incorporation (State Legislatures Competency) (Amendment of Second Schedule) Order 1990.
The Second Schedule to the Incorporation (State Legislatures Competency) Act 1962 is amended by inserting, immediately after paragraph 13, a new paragraph 13A as follows:
"Assets not to be disposed off without consent.
No corporation shall, without the prior written consent of the Minister of Finance, dispose, divest or exchange for cash or other consideration any of its assets unless the Minister directs, either specifically in respect of any particular asset, or generally in respect of any category of assets, that having regard to the low value of the asset or assets, such prior written consent need not be obtained:
Provided that this provision shall not apply in respect of the sale of any land which has been subdivided into factory, housing or shop lots, irrespective of whether such land is intended to be sold with or without a building erected thereon."
Made the 14th March 1990. [PM. (R) 11880/A/040/2 Jld. 2; PN. (PU $ ^{2} $ ) 267.]
DATO' AHMAD SARJI BIN ABDUL HAMID, Secretary to the Cabinet