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← Capital Markets and Services Act 2007

Capital Markets and Services Act 2007 s 338

Capital Markets and Services Act 2007 s 338

s 338 Vacation of office

The office of a member of the Board shall be vacated if— (a) he dies; (b) he has been convicted of any offence involving fraud or dishonesty; (c) he becomes bankrupt; (d) he is of unsound mind or is otherwise incapable of discharging his duties; (e) he is absent from three consecutive meetings of the Board except on leave granted by the Minister; or (f) he is guilty of serious misconduct in relation to his duties under this Act.

Malay text (authoritative)

Pengosongan jawatan

Jawatan anggota Lembaga hendaklah menjadi kosong jika— (a) dia mati; (b) dia telah disabitkan atas mana-mana kesalahan yang melibatkan fraud atau kecurangan; (c) dia menjadi bankrap; (d) dia tidak sempurna akal atau selainnya tidak berupaya menunaikan kewajipannya; (e) dia tidak hadir mesyuarat Lembaga tiga kali berturut-turut kecuali dengan kebenaran yang diberikan oleh Menteri; atau (f) dia bersalah atas suatu salah laku yang serius berhubung dengan kewajipannya di bawah Akta ini.

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

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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