Interest Schemes Act 2016 s 50
s 50 Registrar may specify duties, obligations and conduct relating to schemes
In relation to each type of scheme, the Registrar shall have the power to specify—
(a) the duties, obligations and conduct of a management company;
(b) the duties and obligations of the trustees;
(c) the calculation of issued price and buy back price of each unit of interest;
(d) the management of funds of the scheme;
(e) the requirements relating to meetings of interest holders; and
(f) any other matters to the benefit of interest holders.
Malay text (authoritative)
Pendaftar boleh menyatakan kewajipan, obligasi dan pelakuan yang berhubungan dengan suatu skim
Berhubung dengan setiap jenis skim, Pendaftar hendaklah mempunyai kuasa untuk menyatakan—
(a) kewajipan, obligasi dan pelakuan syarikat pengurusan;
(b) kewajipan dan obligasi pemegang amanah;
(c) pengiraan harga keluaran dan harga belian balik setiap unit kepentingan;
(d) pengurusan dana skim;
(e) kehendak yang berhubungan dengan mesyuarat pemegang kepentingan; dan
(f) apa-apa perkara lain untuk manfaat pemegang kepentingan.
Read this section in the full act → · Open Chapter 1 →
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).
