PUBLIC TRUST CORPORATION ACT 1995

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1 PART I PRELIMINARY-1. Short title and commencement.

2 PART I PRELIMINARY-2. Interpretation.

3 PART II FORMATION AND OWNERSHIP OF THE CORPORATION AND VESTING PROVISIONS-3. The Corporation.

4 PART II FORMATION AND OWNERSHIP OF THE CORPORATION AND VESTING PROVISIONS-4. Vesting provisions.

5 PART II FORMATION AND OWNERSHIP OF THE CORPORATION AND VESTING PROVISIONS-5. Initial Government holding in the Corporation.

6 PART II FORMATION AND OWNERSHIP OF THE CORPORATION AND VESTING PROVISIONS-6. Government investment in further issues of shares of the Corporation.

7 PART II FORMATION AND OWNERSHIP OF THE CORPORATION AND VESTING PROVISIONS-7. Staff.

8 PART II FORMATION AND OWNERSHIP OF THE CORPORATION AND VESTING PROVISIONS-8. Government of Malaysia to hold all shares in the Corporation.

9 PART II FORMATION AND OWNERSHIP OF THE CORPORATION AND VESTING PROVISIONS-9. Minister of Finance to hold shares.

10 PART III FUNCTIONS, POWERS AND DUTIES OF THE CORPORATION-10. Objectives.

11 PART III FUNCTIONS, POWERS AND DUTIES OF THE CORPORATION-11. Appointment of the Corporation.

12 PART III FUNCTIONS, POWERS AND DUTIES OF THE CORPORATION-12. Appointment of Corporation as trustee or executor.

13 PART III FUNCTIONS, POWERS AND DUTIES OF THE CORPORATION-13. Grant of probate and letters of administration to Corporation.

14 PART III FUNCTIONS, POWERS AND DUTIES OF THE CORPORATION-14. Appointment of Corporation in place of executors, etc.

15 PART III FUNCTIONS, POWERS AND DUTIES OF THE CORPORATION-15. Corporation may apply for grant on failure of grantee to extract letters of administration.

16 PART III FUNCTIONS, POWERS AND DUTIES OF THE CORPORATION-16. Corporation may take possession of property.

17 PART III FUNCTIONS, POWERS AND DUTIES OF THE CORPORATION-17. Summary administration of movable property.

18 PART III FUNCTIONS, POWERS AND DUTIES OF THE CORPORATION-18. Administration of estates of small value.

19 PART III FUNCTIONS, POWERS AND DUTIES OF THE CORPORATION-19. Payment of minor's maintenance.

20 PART III FUNCTIONS, POWERS AND DUTIES OF THE CORPORATION-20. Undistributed funds.

21 PART III FUNCTIONS, POWERS AND DUTIES OF THE CORPORATION-21. Corporation may represent minors.

22 PART III FUNCTIONS, POWERS AND DUTIES OF THE CORPORATION-22. Agency.

23 PART IV FINANCIAL PROVISIONS-23. Bank accounts.

24 PART IV FINANCIAL PROVISIONS-24. Power to invest.

25 PART IV FINANCIAL PROVISIONS-25. Formation of Common Fund.

26 PART IV FINANCIAL PROVISIONS-26. Exclusions from Common Fund.

27 PART IV FINANCIAL PROVISIONS-27. Interest payments on capital moneys in Common Fund.

28 PART IV FINANCIAL PROVISIONS-28. Corporation's liability.

29 PART IV FINANCIAL PROVISIONS-29. General Reserve Fund.

30 PART IV FINANCIAL PROVISIONS-30. Formation of Group Investment Fund.

31 PART IV FINANCIAL PROVISIONS-31. Directions.

32 PART IV FINANCIAL PROVISIONS-32. Group Investment Fund not a partnership, etc.

33 PART IV FINANCIAL PROVISIONS-33. Fees charged by the Corporation.

34 PART V GENERAL-34. Exemption from giving security.

35 PART V GENERAL-35. Exemption from giving notice of distribution of property.

36 PART V GENERAL-36. Registration of the Corporation not notice of trust.

37 PART V GENERAL-37. Annual accounts, etc.

38 PART V GENERAL-38. Application to Court.

39 PART V GENERAL-39. Legal proceedings.

40 PART V GENERAL-40. Power to make rules.

41 PART V GENERAL-41. Power to give directions.

42 PART V GENERAL-42. Corporation to investigate upon direction.

43 PART V GENERAL-43. Repeal and savings.

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