Public Trust Corporation Act 1995
Akta Perbadanan Amanah Raya 1995
Amends the laws relating to the Public Trustee and Official Administrator, provides for the vesting of property, rights and liabilities of the Public Trustee and Official Administrator in a company, regulates the exercise of functions and powers by the company and provides for matters connected therewith and incidental thereto.
Read the copy (English) — PDF, 33 pagesBahasa Melayu — PDF, 36 pages
Copy of the official text captured from the Laws of Malaysia portal (AGC) on 26 October 2026. Always check the official portal for the authoritative current version. Amendments made after the official “last updated” date are published separately as amending Acts (Act A…) on the portal.
| Number | Act 532 |
|---|---|
| Type | Federal Act |
| Applies to | Federal |
| Subject | Companies, finance & banking |
| Year | 1995 |
| Official “last updated” | 1 September 2010 |
| Published by | Attorney General's Chambers — Laws of Malaysia portal (lom.agc.gov.my) |
| Royal Assent | 7 February 1995 |
| Published in the Gazette | 16 February 1995 |
Long title
An Act to amend the laws relating to the Public Trustee and Official Administrator, to provide for the vesting of property, rights and liabilities of the Public Trustee and Official Administrator in a company, to regulate the exercise of functions and powers by the company and to provide for matters connected therewith and incidental thereto.
Contents — Parts and sections
43 sections in 5 Parts, headings copied from the “ARRANGEMENT OF SECTIONS” of the official text (copy of 26 October 2026). Read the full wording in the PDF.
Definitions: section 2 (Interpretation).
Part I PRELIMINARY (2)
- s 1 Short title and commencement
- s 2 Interpretation
Part II FORMATION AND OWNERSHIP OF THE CORPORATION AND VESTING PROVISIONS (7)
- s 3 The Corporation
- s 4 Vesting provisions
- s 5 Initial Government holding in the Corporation
- s 6 Government investment in further issues of shares of the Corporation
- s 7 Staff
- s 8 Government of Malaysia to hold all shares in the Corporation
- s 9 Minister of Finance to hold shares
Part III FUNCTIONS, POWERS AND DUTIES OF THE CORPORATION (13)
- s 10 Objectives
- s 11 Appointment of the Corporation
- s 12 Appointment of Corporation as trustee or executor
- s 13 Grant of probate and letters of administration to Corporation
- s 14 Appointment of Corporation in place of executors, etc.
- s 15 Corporation may apply for grant on failure of grantee to extract letters of administration
- s 16 Corporation may take possession of property
- s 17 Summary administration of movable property
- s 18 Administration of estates of small value
- s 19 Payment of minor’s maintenance
- s 20 Undistributed funds
- s 21 Corporation may represent minors
- s 22 Agency
Part IV FINANCIAL PROVISIONS (11)
- Division 1 Bank Accounts and Power to Invest
- s 23 Bank accounts
- s 24 Power to invest
- Division 2 Common Fund
- s 25 Formation of Common Fund
- s 26 Exclusions from Common Fund
- s 27 Interest payments on capital moneys in Common Fund
- s 28 Corporation’s liability
- s 29 General Reserve Fund
- Division 3 Group Investment Fund
- s 30 Formation of Group Investment Fund
- s 31 Directions
- s 32 Group Investment Fund not a partnership, etc.
- Division 4 Fees
- s 33 Fees charged by the Corporation
Part V GENERAL (10)
- s 34 Exemption from giving security
- s 35 Exemption from giving notice of distribution of property
- s 36 Registration of the Corporation not notice of trust
- s 37 Annual accounts, etc.
- s 38 Application to Court
- s 39 Legal proceedings
- s 40 Power to make rules
- s 41 Power to give directions
- s 42 Corporation to investigate upon direction
- s 43 Repeal and savings
Related laws
Probate and Administration Act 1959 (Act 97)Financial Procedure Act 1957 (Act 61)Small Estates (Distribution) Act 1955 (Act 98)Trustee Act 1949 (Act 208)Police Act 1967 (Act 344)Minister of Finance (Incorporation) Act 1957 (Act 375)
Federal Acts that this law's official text itself refers to (as “[Act N]”), most-referred first.
Version history
| Captured | Language | Official “last updated” | Pages | SHA-256 | File |
|---|---|---|---|---|---|
| 26 October 2026 | Bahasa Melayu | 1 September 2010 | 36 | 8a99c09b02af | PDF 0.3 MB |
| 26 October 2026 | English | 1 September 2010 | 33 | 83c78effa705 | PDF 0.3 MB |
A new version is kept only when the official file changes (different SHA-256 fingerprint). Older versions are never overwritten, so you can see what the text said on an earlier date.
Official source
- Official text (English) ↗
- Official text (Bahasa Melayu) ↗
- Attorney General's Chambers — Laws of Malaysia portal (lom.agc.gov.my) ↗
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