Malaysia legislation
Section 6
Section 6
The port undertakings of the Port Authority that are to be transferred to an operator in accordance with the port privatisation plan shall be transferred as soon as practicable after –
(a)
the approval of the plan by the Minister under section 5;
(b)
the execution of any necessary agreement between the Port Authority and the operator; and
(c)
the issue of the licence to the operator under subsection (3) of section 9.
7
Liabilities in respect of port undertakings.