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← Securities Industry (Central Depositories) Act 1991

Securities Industry (Central Depositories) Act 1991 s 8

Securities Industry (Central Depositories) Act 1991 s 8

Some sections could not be extracted from the official PDF, so this text may be incomplete.

s 8 Duty of a central depository to ensure orderly dealings in deposited securities

(1) A central depository shall take all steps and do all things necessary to ensure orderly dealings in securities deposited or lodged with it. (2) A central depository may, in performing its function under subsection (1), give to an issuer of any deposited security directions— (a) to do a particular act or thing; or (b) to refrain from doing a particular act or thing. (3) An issuer who fails to comply with any direction given by a central depository under subsection (2) shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding fifty thousand ringgit or to imprisonment for a term not exceeding one year or to both.

Malay text (authoritative)

Pindaan seksyen 19

Subseksyen 19(2) Akta ibu dipinda dengan menggantikan perkataan “syarikat anggota” dengan perkataan “organisasi peserta”.

Read this section in the full act →

Find Act 453 on lom.agc.gov.my ↗

Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated.

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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