Section 1
This Enactment may be cited as the State Heritage Trust Fund (Repeal) Enactment 2015.
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State Heritage Trust Fund (Repeal) Enactment 2015 is Malaysia State Enactment, cited as State Enactment 2015 2015, currently marked in force and first recorded in 2015.
1
STATE OF SABAH
STATE HERITAGE TRUST FUND (REPEAL) ENACTMENT 2015
(Sabah No. 5 of 2015)
An Enactment to repeal the State Heritage Trust Fund Enactment 1996 and to transfer all the properties and monies to the State Government of Sabah.
ENACTED by the Legislature of the State of Sabah as follows:
Short title
This Enactment may be cited as the State Heritage Trust Fund (Repeal) Enactment 2015.
Repeal of Enactment
Transfer of powers, rights, liabilities and duties
All powers, rights, privileges, duties or obligations that before the commencement of this Enactment were those of the Fund, the Corporation and the Committee shall, as from the commencement of this Enactment, devolve to the Government.
FOR REFERENCE ONLY (October 2016)
2
Transfer of Fund
All monies standing in or due to be paid into the Fund or the account held by the
Board of Trustees for the purposes of the repealed Enactment shall be transferred to and paid into the Consolidated Fund of the State without any instrument of transfer.
Existing contracts
All deeds, bonds, agreements, instruments or working arrangements subsisting in respect of any matter, or movable or immovable property or asset shall continue to subsists and the Government shall have power to enforce any rights arising from or out of such deeds, bonds, agreements, instruments or working arrangements as if the Government had been named therein or been a party thereunder.
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