PENGURUSAN DANAHARTA NASIONAL BERHAD ACT 1998

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

2 PART I PRELIMINARY-2. Interpretation.

3 PART II THE CORPORATION-3. The Corporation and its objective.

4 PART II THE CORPORATION-4. Powers of the Corporation.

5 PART II THE CORPORATION-5. The Board.

6 PART II THE CORPORATION-6. Application of the Corporation's Memorandum and Articles of Association.

7 PART II THE CORPORATION-7. Disclosure of interest.

8 PART II THE CORPORATION-8. Accounts.

9 PART III ACQUISITION OF SHARE CAPITAL OF THE CORPORATION BY THE MINISTER OF FINANCE-9. Acquisition of share capital of the Corporation by the Minister of Finance.

10 PART IV GUARANTEE BY THE GOVERNMENT-10. Guarantee.

11 PART IV GUARANTEE BY THE GOVERNMENT-11. The Corporation to repay to Government sums paid under guarantee.

12 PART IV GUARANTEE BY THE GOVERNMENT-12. Terms and conditions which may be agreed to or approved.

13 PART V ACQUISITION AND DISPOSITION BY THE CORPORATION-13. Acquisition.

14 PART V ACQUISITION AND DISPOSITION BY THE CORPORATION-14. Vesting.

14A PART V ACQUISITION AND DISPOSITION BY THE CORPORATION-14A. Replacement vesting certificate.

15 PART V ACQUISITION AND DISPOSITION BY THE CORPORATION-15. Preservation of rights.

16 PART V ACQUISITION AND DISPOSITION BY THE CORPORATION-16. Additional provisions on land.

17 PART V ACQUISITION AND DISPOSITION BY THE CORPORATION-17. Other Registrars to give effect to vesting certificate.

18 PART V ACQUISITION AND DISPOSITION BY THE CORPORATION-18. Vesting of asset outside Malaysia.

19 PART V ACQUISITION AND DISPOSITION BY THE CORPORATION-19. Disposition by the Corporation.

19A PART V ACQUISITION AND DISPOSITION BY THE CORPORATION-19A. Replacement transfer certificate.

20 PART V ACQUISITION AND DISPOSITION BY THE CORPORATION-20. Permitted disclosure.

21 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-21. Interpretation in relation to Part VI.

22 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-22. Establishment and functions of the Oversight Committee.

23 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-23. Application by affected person for appointment of Special Administrator.

24 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-24. Recommendation by Corporation for appointment of Special Administrator.

25 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-25. Criteria for appointment of Special Administrator.

25A PART VI MANAGEMENT OF ASSETS AND LIABILITIES-25A. Appointment of Special Administrator.

26 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-26. Appointment of Independent Advisor.

27 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-27. Circumstances where Special Administrator cannot be appointed.

28 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-28. Duration of administration.

29 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-29. Notification of appointment of Special Administrator.

29A PART VI MANAGEMENT OF ASSETS AND LIABILITIES-29A. Effect of appointment of Special Administrator.

30 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-30. General powers of Special Administrator.

31 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-31. General duties of Special Administrator.

32 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-32. Special Administrator as affected person's agent.

33 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-33. Officers of affected person to perform or exercise function with written approval.

34 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-34. Dealings with affected person's assets.

35 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-35. Compensation.

36 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-36. Obligations of officer of affected person.

37 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-37. Investigation of affairs.

38 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-38. Special Administrator's rights to the books of the affected person.

39 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-39. Special Administrator's rights to assets of the affected person.

39A PART VI MANAGEMENT OF ASSETS AND LIABILITIES-39A. Effect of obstructing or hindering the Special Administrator.

40 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-40. Disclaimer.

41 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-41. Effect of appointment of Special Administrator.

42 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-42. Undue preference.

42A PART VI MANAGEMENT OF ASSETS AND LIABILITIES-42A. Recovery of cash considerations from assets acquired or sold before the appointment of Special Administrator.

43 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-43. Vacation of office of receiver, etc.

44 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-44. Special Administrator to prepare proposal.

45 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-45. The Corporation to consider proposal.

46 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-46. Secured creditors meeting.

47 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-47. Implementation of proposal.

48 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-48. Modifications to the proposal.

49 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-49. Regulatory approval conditions.

50 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-50. Rejection or discontinuance of proposal.

51 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-51. Qualifications of Special Administrator.

52 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-52. Qualifications of Independent Advisor.

53 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-53. Two or more Special Administrators.

54 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-54. Report of misconduct.

55 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-55. Validity of transaction.

56 PART VI MANAGEMENT OF ASSETS AND LIABILITIES-56. Extension of time.

57 PART VII ADDITIONAL RIGHTS-57. Entitlement to dispose assets by private treaty.

58 PART VIII APPLICATION OF OTHER ACTS-58. Application of other Acts.

59 PART IX APPLICATION OF THE ACT-59. Transfers to and between subsidiaries of the Corporation.

60 PART IX APPLICATION OF THE ACT-60. Application of the Act to subsidiaries of the Corporation.

61 PART IX APPLICATION OF THE ACT-61. Power of Minister to direct certain provisions not to apply.

62 PART IX APPLICATION OF THE ACT-62. Application of Part IV to be continued.

63 PART IX APPLICATION OF THE ACT-63. Judicial notice.

64 PART IX APPLICATION OF THE ACT-64. Offer to the Corporation.

65 PART IX APPLICATION OF THE ACT-65. Obligation of secrecy.

66 PART IX APPLICATION OF THE ACT-66. Immunity.

66A PART IX APPLICATION OF THE ACT-66A. Indemnity.

66B PART IX APPLICATION OF THE ACT-66B. Offences committed by company.

67 PART IX APPLICATION OF THE ACT-67. No petition to wind up the Corporation.

68 PART IX APPLICATION OF THE ACT-68. Power to make regulations.

69 PART IX APPLICATION OF THE ACT-69. Things done in anticipation of the enactment of this Act.

70 PART IX APPLICATION OF THE ACT-70. Power to terminate operation of this Act.

71 PART IX APPLICATION OF THE ACT-71. Acts done in good faith.

72 PART IX APPLICATION OF THE ACT-72. Limits on the grant of orders of court.