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← Payment Systems Act 2003

Payment Systems Act 2003 s 18

Payment Systems Act 2003 s 18

This legislation has been repealed. Do not cite it as law in force.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 18 Payment or settlement instruction made after appointment of insolvency administrator

This Chapter shall not apply in relation to any payment or settiement instruction which is sent through a designated payment system after the expiry of the day on which an insolvency administrator is appointed in respect of an operator or participant of a designated payment system. Finality of payment and netting arrangement

Malay text (authoritative)

Arahan pembayaran atau penyelesaian yang dibuat selepas pelantikan pentadbir ketidaksolvenan

Read this section in the full act → · Open Chapter 3 →

Find Act 627 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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