Section 1
This Ordinance may be cited as the Minister of Finance (Incorporation) Ordinance, 1957, and shall be deemed to have come into force immediately prior to the coming into force of the Federal Lands Commissioner Ordinance, 1957.
OrdinanceIn force
The Minister of Finance (Incorporation) Ordinance, 1957
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- Enacted
- 1957
- Sections
- 6
The Minister of Finance (Incorporation) Ordinance, 1957 is Malaysia Ordinance, cited as Ordinance No. 46 of 1957 1957, currently marked in force and first recorded in 1957.
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Their Highnesses the Rulers of the Malay States assent hereto
I assent
Witnesses to the affixing of the Rulers' Seal:
T. ALAM SHAH,
(IN JAWI)
Sultan of Selangor
D. C. MACGILLIVRAY, High Commissioner
RAJA YUSSUF,
Sultan of Perak
26th August, 1957
24th August, 1957
[26th August, 1957.]
Opening note
Preamble
- An Ordinance to incorporate the Minister charged with responsibility for finance. IT IS HEREBY ENACTED by the High Commissioner of the Federation of Malaya and Their Highnesses the Rulers of the Malay States with the advice and consent of the Legislative Council as follows:
Section 2
In this Ordinance—
"property" includes all estates, interests, easements and rights, whether equitable or legal, in, to or out of property, and things in action.
Section 3
(1)
The Minister for the time being charged with responsibility for finance shall be a body corporate under the name of "Minister of Finance" (hereinafter called "the Corporation").
(2)
The Corporation may sue and be sued in its said name and shall have perpetual succession and a corporate seal, and the said seal may from time to time be broken, changed, altered and made anew as to the Corporation seems fit, and, until a seal is provided under this section, a stamp bearing the inscription "Minister of Finance" may be used as the corporate seal.
Section 4
The Corporation may enter into contracts and may acquire, purchase, take, hold and enjoy movable and immovable property of every description, and may convey, assign, surrender and yield up, charge, mortgage, demise, reassign, transfer or otherwise dispose of, or deal with, any movable or immovable property vested in the Corporation upon such terms as to the Corporation seems fit.
Section 5
(1)
All deeds, documents and other instruments requiring the seal of the Corporation shall be sealed with the seal of the Corporation in the presence of the Minister for the time being charged with responsibility for finance or of an officer designated in that behalf by the Minister by notification in the Gazette, who shall sign every such deed, document or other instrument to which the corporate seal is affixed, and such signing shall be sufficient evidence that the said seal was duly and properly affixed and that the same is the lawful seal of the Corporation.
(2)
Section 13 of the Registration of Deeds Ordinance of the Straits Settlements shall not apply to any instrument purporting to be executed under subsection (1) of this section.
Section 6
(1)
All movable property which, immediately before the commencement of this Ordinance, was vested in the Chief Secretary, Federation of Malaya, for the purposes of the Federal Government or for the purposes of the Government of any State or Settlement shall on the coming into force of this Ordinance, and without any conveyance, assignment or transfer whatever, vest in the Corporation for the like title, estate or interest and on the like tenure and for the like purposes as the same was vested or held immediately before the coming into force of this Ordinance.
(2)
The High Commissioner may, by Order, vest in the Corporation any property, movable or immovable, which is for the time being vested in any public officer or authority and, upon the coming into operation of any such Order, the property to which such Order relates shall, without any conveyance, assignment or transfer whatever, vest in the Corporation for the like title, estate or interest and on the like tenure as the same was vested or held immediately before the coming into operation of the Order.
(3)
The High Commissioner may, by Order, vest in any public officer or authority any property, movable or immovable, for the time being vested in the Corporation and, upon the coming into operation of any such Order, the property to which such Order relates shall, without any conveyance, assignment or transfer whatever, vest in such officer or authority for the like title, estate or interest and on the like tenure and for the like purposes as the same was vested or held immediately before the coming into operation of the Order.
Perpustakaan
Kementerian Pelajaran
Malaysia.
Common questions
- What is The Minister of Finance (Incorporation) Ordinance, 1957?
- The Minister of Finance (Incorporation) Ordinance, 1957 is Malaysia Ordinance, cited as Ordinance No. 46 of 1957 1957, currently marked in force and first recorded in 1957.
- Is The Minister of Finance (Incorporation) Ordinance, 1957 still in force?
- Yes — The Minister of Finance (Incorporation) Ordinance, 1957 is currently in force.
- When did The Minister of Finance (Incorporation) Ordinance, 1957 take effect?
- The Minister of Finance (Incorporation) Ordinance, 1957 was first recorded in 1957.
- How many sections does The Minister of Finance (Incorporation) Ordinance, 1957 have?
- The Minister of Finance (Incorporation) Ordinance, 1957 contains 6 sections.
- Where can I read the official version of The Minister of Finance (Incorporation) Ordinance, 1957?
- The official text of The Minister of Finance (Incorporation) Ordinance, 1957 is published at lom.agc.gov.my.
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