This legislation has been repealed. Do not cite it as law in force.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 31
( Com direc cont lial Di ch tir in
er 'e- Or ct ct n 1- [Pt. II, S. 29-32]
(b) In this subsection, "prospectus" includes any documents to which the expression applies in the said section 39 or 42.
(2) Where a notice, advertisement or other official publication of a company registered or intended to be registered as an operator under this Act, contains a statement of the company's authorized share capital, and does not state therewith how much of that capital has been subscribed and how much is paid up, company shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding tour thousand ringgit. 30. Except with the prior approval in writing of the Opening of General, no operator shall open a branch branch office. 31. (1) Without prejudice to anything contained in the Disquali- Companies Act 1965, any person who is a managing director, director, chief executive, principal officer or controller of an operator shall cease to hold office executive,
(a) if he becomes bankrupt; principal officer or controller of
(b) if he assigns his estate for the benefit of his an operator. creditors or makes an arrangement with his creditors pursuant to any law relating to bankruptcy; or
(c) if he is convicted of an offence involving dishonesty or fraud.
(2) Any person who contravenes subsection (1) shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding two thousand ringgit.
Malay text (authoritative)
(1) Tanpa menjejaskan apa-apa jua yang ter- Kebilangan kandung dalam Akta Syarikat 1965, mana-mana orang pengarah yang menjadi pengarah urusan, pengarah, ketua eksekutif, pegawai ütama atau pengawal pengendali hendak- penjarah, lah terhenti daripada memegang jawatan—
(a) jika dia menjadi bankrap; utama atau pengawal pengendali.
(b) jika dia menyerahhakkan hartanya bagi faedah pemiutangnya atau membuat suatu perkiraan dengan pemiutangnya menurut mana-mana undang-undang berhubungan dengan kebankrapan; atau
(c) jika dia disabitkan atas suatu kesalahan yang melibatkan kecurangan atau fraud.
(2) Mana-mana orang yang melanggar subseksyen (1) adalah melakukan suatu kesalahan dan, apabila disabitkan, böleh dikenakan denda tidak melebihi dua ribu ringgit. pengarah urusan, pengarah, ketua eksekutif atau pengarah pegawai utama sebelum habis tempoh empat belas pengarah, hari dari hari berikutan dengan hari yang hal atau perkara itu sampai kepada pengetahuan pengendali. eksekutif pegawai utama.
Dul 1A699 Kuasa untuk meng hendaki maklumat memeriksa buku, dsb. Pertukaran prengendali. [Bah. II, S. 33-35]
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).
