My bookmarksSign up free
← Interest Schemes Act 2016

Interest Schemes Act 2016 s 14

Interest Schemes Act 2016 s 14

s 14 Power to refuse registration

The Registrar shall refuse to register the application of a proposed scheme if he is satisfied that— (a) the proposed scheme is likely to be used for unlawful purposes or for purposes prejudicial to public peace, welfare or good order in Malaysia; or (b) the registration of the proposed scheme would be contrary to the national security or interest.

Malay text (authoritative)

Kuasa untuk menolak pendaftaran

Pendaftar hendaklah menolak untuk mendaftar permohonan skim yang dicadangkan jika Pendaftar berpuas hati bahawa— (a) skim yang dicadangkan mungkin digunakan bagi maksud yang menyalahi undang-undang atau bagi maksud yang memudaratkan keamanan awam, kebajikan atau ketertiban di Malaysia; atau (b) pendaftaran skim yang dicadangkan akan bertentangan dengan keselamatan atau kepentingan negara.

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

Find Act 778 on lom.agc.gov.my ↗

Text as at 1 March 2018 (LOM reprint); amendments made after that date may not be incorporated.

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