Skip to content

Section 36

Enforcement of securities

of Sarawak Economic Development Corporation, 1958

State OrdinanceIn forceProvision 28 of 51
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.

31

Special provision for charge of movable property in favour of the