Malaysia legislation
Section 46A
Section 46A
(a)
in consideration of the special circumstances relating to the nature of the business of any person and his financial standing; and
(b)
if he is satisfied that it would not be contrary to the public interest to do so, by notification published in the Gazette, exempt any pawnbroker from any provision of this Act, and such exemption shall be granted for such duration as may be specified in the notification, and may be made subject to such limitations, restrictions or conditions as the Minister may specify in the notification.
(2)
The Minister may at any time revoke any exemption granted by him under subsection (1) if he is satisfied, after giving the pawnbroker concerned an opportunity to be heard, that the pawnbroker has failed to observe any limitation, restriction or condition subject to which the exemption was granted, or that it is otherwise no longer suitable to continue to be granted exemption.
Repeal