person is entitled to the benefits inherent in the transferred assets. Apart from the characteristics of the true receipt of the transfer of assets as prescribed in the second paragraph, the SEC may
cause serious impact or damages to the interest of the public at large, the SEC shall promptly report the facts and assess the potential impact or damages in respect of such act as well as analyse the
report the facts and assess the potential impact or damages in respect of such act as well as analyse the issues and propose the actions to be taken to the Minister. Section 12. The SEC shall have the