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← Malaysia Co-operative Societies Commission Act 2007

Malaysia Co-operative Societies Commission Act 2007 s 26

Malaysia Co-operative Societies Commission Act 2007 s 26

s 26 Power to consult the Syariah Advisory Council

(1) The Commission shall consult the Syariah Advisory Council on Syariah matters relating to any co-operative business which is based on Syariah and may issue written directive in relation to such business in accordance with the advice of the Syariah Advisory Council. (2) Where in any proceedings relating to co-operative business which is based on Syariah and is supervised and regulated by the Commission before any court or arbitrator, any question arises concerning a Syariah matter, the court or the arbitrator, as the case may be, may— (a) take into consideration any written directive issued by the Commission pursuant to subsection (1); or (b) refer such question to the Syariah Advisory Council for its ruling. (3) Any ruling made by the Syariah Advisory Council pursuant to a reference made under paragraph (2)(b) shall, for the purposes of the proceedings in respect of which the reference was made— (a) if the reference was made by a court, be taken into consideration by the court in arriving at its decision; and (b) if the reference was made by an arbitrator, be binding on the arbitrator.

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

Find Act 665 on lom.agc.gov.my ↗

Text as at 1 November 2012 (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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