s 382 Approved exchange holding companies, exchanges and approved clearing house deemed to have been approved
(1) Without prejudice to the generality of section 381, the following entities that were approved or recognized under the repealed Acts immediately before the effective date shall each be deemed to have been approved under the corresponding provisions of this Act:
(a) the exchange holding company and stock exchange;
(b) the exchange company and the approved clearing house for the futures market under subsection 6B(1) of the repealed Futures Industry Act 1993 that are deemed to be approved as a futures exchange and approved clearing house under the corresponding provision of this Act; and
(c) a recognized clearing house which was recognized under the repealed Securities Industry Act 1983 immediately before the effective date shall be deemed to be an approved clearing house under the corresponding provision of this Act.
(2) Any condition or restriction imposed by the Minister or the Commission, as the case may be, on any of the entities referred to in subsection (1) as an exchange holding company, stock exchange, futures exchange, approved clearing house or recognized clearing house, as the case may be, and in force immediately before the effective date shall be deemed to be a condition or restriction to which its approval or recognition under this Act is subject.
Malay text (authoritative)
Syarikat pemegangan bursa, bursa dan pusat penjelasan diluluskan disifatkan telah diluluskan
(1) Tanpa menjejaskan keluasan seksyen 381, entiti yang berikut yang telah diluluskan atau diiktirafkan di bawah Akta termansuh sebaik sebelum tarikh kuat kuasa setiap satu hendaklah disifatkan telah diluluskan di bawah peruntukan yang bersamaan Akta ini:
(a) syarikat pemegangan bursa dan bursa saham;
(b) syarikat bursa dan pusat penjelasan diluluskan bagi pasaran niaga hadapan di bawah subseksyen 6b(1) Akta Perindustrian Niaga Hadapan 1993 yang dimansuhkan yang disifatkan diluluskan sebagai suatu bursa niaga hadapan dan pusat penjelasan diluluskan di bawah peruntukan yang bersamaan dalam Akta ini; dan
(c) suatu pusat penjelasan yang diiktiraf di bawah Akta Perindustrian Sekuriti 1983 yang dimansuhkan sebaik sebelum tarikh kuat kuasa hendaklah disifatkan sebagai suatu pusat penjelasan diluluskan di bawah peruntukan yang bersamaan Akta ini.
(2) Mana-mana syarat atau sekatan yang dikenakan oleh Menteri atau Suruhanjaya, mengikut mana-mana yang berkenaan, ke atas mana-mana entiti yang disebut dalam subseksyen (1) sebagai suatu syarikat pemegangan bursa, bursa saham, bursa niaga hadapan, pusat penjelasan diluluskan atau pusat penjelasan diiktiraf, mengikut mana-mana yang berkenaan, dan berkuat kuasa sebaik sebelum tarikh kuat kuasa hendaklah disifatkan sebagai suatu syarat atau sekatan yang baginya kelulusan atau pengiktirafannya di bawah Akta ini tertakluk.
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).
