My bookmarksSign up free
← Capital Markets and Services Act 2007

Capital Markets and Services Act 2007 s 172

Capital Markets and Services Act 2007 s 172

s 172 Application of insurance monies

A claimant against a fidelity fund of a relevant futures 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

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

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).

What to look at next