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