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← Takaful Act 1984

Takaful Act 1984 s 35

Takaful Act 1984 s 35

This legislation has been repealed. Do not cite it as law in force.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 35

(1) No person shall carry on takaful business in Malaysia as takaful agent for an operator not entitled under this Act to carry on the business in question in for a term not exceeding twelve months or to both. (2) Subject to subsection (3), no takaful broker shall in the course of his business as such negotiate any contract of takaful with an operator other than -an n Dadak pevvuri aangkah -Laugka [Pt. III, S. 35-34) operator entitled under this Act to carry on the business in question in Malaysia, and no person in Malaysia solicit takaful business for an operator not entitled to carry on that business in Malaysia; and a person contravening this subsection shall be guilty of an offence and shall, on conviction, be liable to a tine not exceeding eight thousand ringgit or to imprisonment for a term not exceeding six months or to both. (3) The references in subsection (2) to a contract of takaful and to takaful business shall not apply to re- #akaful. (4) Section 33 shall apply to takaful agents and to takaful brokers.

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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