ENACTMENT NO. 11 OF 1998
BAITUMAL CORPORATION ENACTMENT 1998

PART II - BAITULMAL CORPORATION



Section 3. Establishment of Baitulmal Corporation.

There shall be established a corporation called "Baitulmal Corporation, State of Sabah" which shall be a body corporate with perpetual succession, capable of suing and being sued in its corpo­rate name and with power to purchase or otherwise acquire, hold and exchange or alienate or otherwise deal with in any lawful manner whatsoever, any property movable and immovable, and to enter into contracts and generally to do such acts and things as a body corporate may do by law and as are necessary for, or incidental to, the carrying out of its objects and the exercise of its powers as set out in this Enactment.




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