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← Capital Markets and Services Act 2007

Capital Markets and Services Act 2007 s 351

Capital Markets and Services Act 2007 s 351

s 351 Privileges

(1) Where— (a) the Commission makes a requirement under section 348 of an advocate and solicitor in respect of a book; and (b) the book contains a privileged communication made by or on behalf of or to the advocate and solicitor in his capacity as an advocate and solicitor, the advocate and solicitor is entitled to refuse to comply with the requirement unless the person to whom or by or on behalf of whom the communication was made or, if the person is a body corporate that is under receivership or is in the course of being wound up, the receiver or the liquidator, as the case may be agrees to the advocate and solicitor complying with the requirement, but the advocate and solicitor refuses to comply with the requirement, the advocate and solicitor shall forthwith furnish in writing to the Commission the name and address of the person to whom or by whom the communication was made. (2) A person who contravenes subsection (1) commits an offence and shall, on conviction, be liable to a fine not exceeding one million ringgit or to imprisonment for a term not exceeding ten years or to both.

Malay text (authoritative)

Perlindungan

(1) Jika— (a) Suruhanjaya membuat suatu kehendak di bawah seksyen 348 terhadap seseorang peguam bela dan peguam cara berkenaan dengan sesuatu buku; dan (b) buku itu mengandungi komunikasi terlindung yang dibuat oleh atau bagi pihak atau kepada peguam bela dan peguam cara atas sifatnya sebagai peguam bela dan peguam cara, peguam bela dan peguam cara berhak enggan mematuhi kehendak itu melainkan jika orang yang kepadanya atau olehnya atau bagi pihaknya komunikasi itu dibuat atau, jika orang itu suatu pertubuhan perbadanan di bawah penerimaan atau sedang digulung, penerima atau pelikuidasi, mengikut mana-mana yang berkenaan, bersetuju bagi peguam bela dan peguam cara mematuhi kehendak itu, tetapi jika peguam bela dan peguam cara enggan mematuhi sesuatu kehendak, peguam bela dan peguam cara hendaklah dengan segera memberikan secara bertulis kepada Suruhanjaya nama dan alamat orang yang kepadanya atau olehnya komunikasi itu dibuat. (2) Seseorang yang melanggar subseksyen (1) melakukan suatu kesalahan dan boleh, apabila disabitkan, didenda tidak melebihi satu juta ringgit atau dipenjarakan selama tempoh tidak melebihi sepuluh tahun atau kedua-duanya.

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).

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