My bookmarksSign up free
← Capital Markets and Services Act 2007

Capital Markets and Services Act 2007 s 173

Capital Markets and Services Act 2007 s 173

s 173 Monies in fidelity fund upon winding up of relevant futures exchange

In the event the relevant futures exchange being wound up under the Companies Act 1965, the relevant futures exchange shall, after satisfying all the outstanding liabilities against its fidelity fund, make available to the liquidator of the relevant futures exchange the balance of the amount available in the fidelity fund which shall form part of the assets of the relevant futures exchange and be available to the liquidator for distribution in accordance with the Companies Act 1965.

Malay text (authoritative)

Wang dalam tabung kesetiaan apabila bursa niaga hadapan yang berkaitan digulung

Sekiranya bursa niaga hadapan yang berkaitan itu sedang digulung di bawah Akta Syarikat 1965, bursa niaga hadapan yang berkaitan itu hendaklah, selepas menyelesaikan segala tanggungan yang belum dijelaskan daripada tabung kesetiaannya, menjadikan tersedia untuk pelikuidasi bagi bursa niaga hadapan yang berkaitan itu baki amaun yang ada dalam tabung kesetiaan yang hendaklah menjadi sebahagian daripada aset bursa niaga hadapan yang berkaitan itu dan menjadi tersedia untuk pelikuidasi itu untuk dibahagikan mengikut Akta Syarikat 1965.

Read this section in the full act β†’ Β· Open Division 2 β†’

Find Act 671 on lom.agc.gov.my β†—

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