Section 2

“Corporation” means the Sarawak Electricity Supply

Corporation established under the Sarawak Electricity Supply

Corporation Ordinance, 1962 [Cap. 51];

“Government” means the State Government of Sarawak;

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“land” shall have the same meaning as assigned to it in the

Land Code [Cap. 81 (1958 Ed.)];

“licence” includes any licence issued to the Corporation under the Electricity Ordinance [Cap. 50], and any other licences or permits issued by any government authority or agency in connection with the business of the Corporation;

“Minister” means the Minister in the Government for the time being charged with the responsibility for the Corporation;

“property” means all property of whatever description including land, any interest or estate in land and choses in-action of the Corporation within or outside Malaysia;

“repealed Ordinance” means the Sarawak Electricity Supply

Corporation Ordinance, 1962 [Cap. 51];

“rights and liabilities” refers to the rights and liabilities to which the Corporation was entitled or subject to under the laws of

Malaysia or any country outside Malaysia and shall include rights and liabilities under loans raised, licences, deeds, bonds, agreements, undertakings, instruments, memoranda of subleases and working arrangements favouring the Corporation or to which the Corporation is a party subsisting immediately before the commencement of this Ordinance;

“State Financial Secretary” means the State Financial

Secretary incorporated by the State Financial Secretary

(Incorporation) Ordinance [Cap. 36];

“subsidiary or related company” shall have the meaning assigned to these expressions in section 6 of the Companies Act 1965 [Act 125];

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“successor company” means a company limited by shares incorporated and registered in Malaysia under the Companies Act 1965 [Act 125] and nominated by the Minister in an Order to be published in the Gazette, to which all property, rights and liabilities of or belonging to the Corporation, shall be transferred or be vested under section 3(1)(c);

“transfer date” means the date on which the property, rights and liabilities of or belonging to the Corporation are to be transferred and vested in the successor company under section 3(1)(c).