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Capital Markets and Services Act 2007 s 157

Capital Markets and Services Act 2007 s 157

s 157 Application of insurance monies

A claimant against a compensation fund of a relevant stock exchange shall not have— (a) a right of action against a person with whom a contract of insurance or indemnity is made under this Division in respect of such a contract; or (b) a right or claim with respect to any monies paid by the insurer in accordance with such a contract.

Malay text (authoritative)

Penggunaan wang insurans

Seseorang pihak menuntut terhadap suatu tabung pampasan sesuatu bursa saham yang berkaitan tidaklah mempunyai— (a) hak tindakan terhadap seseorang yang dengannya suatu kontrak insurans atau tanggung rugi dibuat di bawah Penggal ini berkenaan dengan kontrak sedemikian; atau (b) hak atau tuntutan mengenai apa-apa wang yang dibayar oleh penanggung insurans mengikut kontrak sedemikian.

Read this section in the full act → · Open Division 1 →

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).

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