My bookmarksSign up free
← Securities Commission Act 1993

Securities Commission Act 1993 s 113

Securities Commission Act 1993 s 113

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

s 113 Indemnity of trustee

(1) A trustee is not liable for anything done or omitted to be done in accordance with a direction given to him by the unit holders at any meeting called under section 114, 115 or 116. (2) A trustee may, in addition to any other rights under the deed, seek reimbursement by deducting out of any moneys coming into the trustee’s hands from the management company, all reasonable costs incurred in explaining the effect of any proposal that the management company submits to the unit holders in the circumstances set out in paragraph 109(2)(e).

Read this section in the full act → · Open Part IV →

Find Act 498 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).

What to look at next