Malaysian Airline System Berhad Administration Act 2015

Membership of the commission 6.

Malaysian airline system berhad administration act 2015. In other words malaysia airlines the national carrier of malaysia i s. Malaysia tabled and passed speedily the malaysian airline system berhad administration act 2015 act 765 which came into force on 20 2 2015. Now therefore it is enacted by the parliament of malaysia as follows. It is now known as the malaysian airline system berhad administration act 2015 however the act will only come into operation on a date to be appointed by the prime minister by notification in the gazette.

However malaysian airline system mas is an old defunct entity and is separate from malaysia airlines berhad mab which owns malaysia airlines. Short title and commencement 2. This act is most unjust to workers and trade unions. 1 this act may be cited as the malaysian airline system berhad administration act 2015.

The malaysian airline system berhad administration act mas act was passed by parliament in end 2014 and gazetted on 5 january 2015. Malaysian airline system berhad administration act 2015 act 765 as at 11 february 2015 by clj publication by clj publication. Pa rt i preliminary short title and commencement 1. I had earlier written about the bill relating to malaysia airlines.

Tenure of office 8. Malaysia airlines berhad mab wishes to clarify that the notice to creditors for submission of proof of debt or claim that has been circulating on social media is one of the processes of liquidation undertaken by kpmg for the old entity malaysian airline system berhad mas as the appointed liquidator of the company since february 2020. Interpretation part ii the commission 3. The mas act provides for an establishment of a new entity malaysia airlines berhad mab with a new business model to replace mas as the national carrier.

Establishment of the commission 4. Malaysian airline system mas not malaysia airlines berhad mab the liquidation of malaysian airline system mas is genuine and so is the kpmg notice to creditors. Remuneration and allowances 9. Mab is also mentioned in the malaysian airline system berhad administration act 2015 mas act.

Posted on september 1 2015 tuesday at 12 34 pm nation. As an update the bill has received royal assent on 30 december 2014 and gazetted on 5 january 2015. Laws of malaysia act 771 malaysian aviation commission act 2015 arrangement of sections part i preliminary section 1. Liabilities and affairs of the malaysian airline system berhad to the new entity.