Trustee Act 1949 Malaysia
Under circumstances whereby a public company has yet to be incorporated please refer to the ssm website for the procedure to establish a public company.
Trustee act 1949 malaysia. 30 december 1952 short title and application 1. Principal acts trust companies act 1949 act 100 trust companies act 1949 act 100 35 registration of. This act may be cited as the trustee act 1949. Laws of malaysia act 258 trustees incorporation act 1952 an act to provide for the incorporation of the trustees of certain bodies or association of persons.
Part iii general powers of trustees and personal representatives. Trustee 7 laws of malaysia act 208 trustee act 1949 an act relating to trustees. Sabah sarawak 1 january 1973. An act to provide for registration and regulation of trust companies in malaysia.
Peninsular malaysia 31 december 1949. 1 this act may be cited as the trustees incorporation act 1952. When we discuss about the duties of trustees in malaysia an act legislated for this purpose is the trustee act 1949 hereinafter referred to as the act. Peninsular malaysia 28 september 1949 ord.
2 this act shall apply to peninsular malaysia only. Trust companies act 1949. 2 this act shall apply to peninsular malaysia only. Peninsular malaysia 28 september 1949 ord.
Trust companies act 1949 2. Act 208 trustee act 1949 incorporating all amendments up to 1 january 2006 published by the commissioner of law revision malaysia under the authority of the revision of laws act 1968 in collaboration with percetakan nasional malaysia bhd 2006. Companies act 1949 15. In this act unless the context otherwise requires.
Use of the word trustee or trust in the name of the proposed public company requires the approval of the minister as it is a restricted name. 1 this act may be cited as the trustees incorporation act 1952. Under the provisions of section 21 of the trust companies act 1949 every trust company is required to keep a list of members and a summary as required by section 165 of the companies act 1965 together with a statement of liabilities for the investments and properties of the company. 2 t r u s t e e a c t 1949 f irst en.
East malaysia 1 january 1973 p. From the above excerpt it is clear that there is a fiduciary relationship existing between trustees and beneficiaries. 30 december 1952 short title and application 1. Unannotated statutes of malaysia principal acts trustee act 1949 act 208 trustee act 1949 act 208 16 power of trustees for sale to sell by auction etc.
An act to provide for the incorporation of the trustees of certain bodies or association of persons.