Interest Schemes Act 2016 s 37

s 37 Information memorandum deemed to be prospectus or product disclosure statement

Any information memorandum purporting to describe the business affairs of the person making the offer issued by that person or his agent shall be deemed to be a prospectus or product disclosure statement, in so far as regarding the liability of the person or his agent, for any untrue statement or non-disclosure of material information.

Malay text (authoritative)

Maklumat memorandum disifatkan sebagai prospektus atau pernyataan penzahiran produk

Apa-apa maklumat memorandum yang berupa untuk memperihalkan hal ehwal perniagaan orang yang membuat tawaran yang dikeluarkan oleh orang itu atau ejennya hendaklah disifatkan sebagai suatu prospektus atau pernyataan penzahiran produk, setakat yang berkaitan dengan liabiliti orang itu atau ejennya, bagi apa-apa pernyataan tidak benar atau maklumat material yang tidak dizahirkan.

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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).

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