s 41 Securities in suspense
(1) A central depository may specify that any deposited security in a securities account as being in suspense in any of the following circumstances: (a) where the transfer of such security in the name of the central depository or its nominee company has not been, or cannot be, registered by its issuer under section 18; (aa) where the central depository has reason to believe or is satisfied that there is a breach of the rules of the central depository, stock exchange or recognized clearing house; (ab) where the central depository has been served with a notice by the Commission that the Commission suspects or has reason to believe that a provision of a securities law has been contravened and that a securities account of a depositor is relevant to its investigations regarding the contravention; (b) where the central depository has been served with an order of a court of competent jurisdiction prohibiting any dealing in respect of a deposited security; (c) where an order under regulation 8 of the Essential (Protection of Depositors) Regulations 1986 has been made by the Central Bank of Malaysia and published in the Gazette; (d) (Deleted by Act A1039); (e) such other circumstances as may be prescribed by the Minister by regulations made under this Act. (2) In the case of a security that is specified in the securities accounts as being in suspense pursuant to subsection (1)— (a) the rights, benefits, powers and privileges of a depositor; and (b) the liabilities, duties and obligations of a depositor, in respect of, or arising from, the suspension of such a security, shall be as prescribed by the Minister by regulations under this Act.