Capital Markets and Services Act 2007 s 13
s 13 Effect of withdrawal of approval of an exchange
Any withdrawal of approval or direction issued under section 12 shall not operate so as to—
(a) avoid or affect any agreement, transaction or arrangement entered into on the stock market or futures market operated by an exchange, as the case may be, whether the agreement, transaction or arrangement was entered into before or, where subsection 12(4) applies, after the withdrawal of the approval or issuance of the direction under section 12; or
(b) affect any right, obligation or liability arising under such agreement, transaction or arrangement.
Subdivision 2 — Exchange holding company
Malay text (authoritative)
Kesan penarikan balik kelulusan bursa
Mana-mana penarikan balik kelulusan atau arahan yang dikeluarkan di bawah seksyen 12 tidak boleh beroperasi untuk—
(a) mengelak atau menyentuh mana-mana perjanjian, transaksi atau perkiraan yang dibuat di pasaran saham atau pasaran niaga hadapan yang dikendalikan oleh sesuatu bursa, mengikut mana-mana yang berkenaan, sama ada perjanjian, transaksi atau perkiraan yang telah dibuat sebelum atau, jika subseksyen 12(4) terpakai, selepas penarikan balik kelulusan atau pengeluaran arahan di bawah seksyen 12; atau
(b) menyentuh apa-apa hak, obligasi atau tanggungan yang berbangkit di bawah suatu perjanjian, transaksi atau perkiraan itu.
Subpenggal 2 — Syarikat pemegangan bursa
Read this section in the full act → · Open Division 2 →
Find Act 671 on lom.agc.gov.my ↗
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).
