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← Takaful Act 1984

Takaful Act 1984 s 28

Takaful Act 1984 s 28

This legislation has been repealed. Do not cite it as law in force.

Text recovered by OCR from a scanned copy — section numbers and wording may be wrong. Check the official PDF on lom.agc.gov.my before citing.

s 28

Any person who, by any statement, promises or forecasts which he knows to be misleading, false, or deceptive, fraudulent concealment of a material tact, or by the reckless making (fraudulently or otherwise) induces or srempls o imltrc ang thcr piron go mic an oreaait to enter into any contract of takaful with an operator shall be guilty of an offence and shall, on conviction e liable to a fine not exceeding twenty thousand ringgit or to imprisonment for a term not exceeding one year or to both. Requirements as to under section 39 or 42 prospectuses 22 tho Ca)mpannes Ast Y9e5, itns ernstavion to isste, and statementsof circulate or distribute a prospectus relating to a comcapital. pany without a copy of it being first delivered for Act 125. registration under that Act, it shall also be unlawful, in the case of a company registered or intended to be registered as an operator under this Act, to do so without the prospectus having been sanctioned by the Director General; and any person knowingly responsible for the issue, circulation or distribution of a prospectus in contravention of this subsection shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding twenty thousand ringgit. (b) lI docume section (2) V publica register statem and de has be compa conVic thoust

Malay text (authoritative)

Mana-mana orang yang, dengan apa-apa pernyataan, janli atau ramalan yang dia ketahui adalah mengelirukan, palsu atau memperdayakan atau merahsiakan secara fraud sesuatu fakta matan, atau dengan cara semberono membuat (secara fraud atau sebaliksesuatu pernyataan, janji, atau ramalan yang mengelirukan, palsu atau memperdayakan, mendorong atau cuba untuk mendorong orang lain untuk membuat atau menawar untuk membuat apa-apa kontrak takaful dengan seorang pengendali adalah melakukan suatu kesalahan dan, apabila disabitkan, boleh dikenakan denda tidak melebihi dua puluh ribu ringgit atau penjara selama tempoh tıdak melebihi satu tahun atau kedua-duanya.

Read this section in the full act →

Find Act 312 on lom.agc.gov.my ↗

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

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