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Malaysian Currency (Ringgit) Act 1975

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Enacted
1975
Sections
3
Languages
MS · EN

Malaysian Currency (Ringgit) Act 1975 is Malaysia Act, cited as Act 160 1975, currently marked in force and first recorded in 1975.

Front matterCover and publication detailsOpen
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(RINGGIT) ACT 1975

Incorporating all amendments up to 1 January 2006 2006

2

MALAYSIAN CURRENCY (RINGGIT)

ACT 1975

Date of Royal Assent

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21 August 1975

Date of publication in the Gazette ... ...

28 August 1975

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1998

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2001

Employment Information 3

Act 160

Opening note

Preamble

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  1. An Act to change the name of the unit of Malaysian currency and to provide for matters incidental thereto. [29 August 1975] BE IT ENACTED by the Seri Paduka Baginda Yang di-Pertuan Agong with the advice and consent of the Dewan Negara and Dewan Rakyat in Parliament assembled, and by the authority of the same, as follows: Short title

Section 18

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(2)

Upon the coming into force of this section, every contract, sale, payment, bill, note, instrument and security for money and every transaction, dealing, matter and thing whatsoever relating to money or involving the payment of, or the liability to pay, any money which but for this subsection would have been deemed to be

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made, executed, entered into, done and had for, in and in relation to Malaysian dollars shall be deemed instead to be made, executed, entered into, done and had for, in and in relation to ringgit.”;

(b)

by substituting the word “ringgit” for the words “Malaysian dollar”, “Malaysian dollars”, “dollar” and “dollars”

wherever they appear therein; and

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(c)

by substituting the word “sen” for the word “cents”

wherever it appears therein.

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(2)

Upon the coming into force of this section, all references in any written law to Malaysian dollar and cent shall respectively be construed as ringgit and sen.

Amendment 3.

Section 3 of the Interpretation Acts 1948 and 1967 [Act 388]

is hereby amended—

(a)

by deleting the definitions of “dollar” and “cent”;

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(b)

by inserting immediately after the definition of “residency”

the following definition of “ringgit”—

‘ “ringgit” means a ringgit in the currency of Malaysia;’;

and

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(c)

by inserting immediately after the definition of “sell”, the following definition of “sen”—

‘ “sen” means a sen in the currency of Malaysia;’.

Employment Information 7

Act 160

LIST OF AMENDMENTS

Amending law

Short title

In force from

—NIL—

8

Act 160

LIST OF SECTIONS AMENDED

Section

Amending authority

In force from

—NIL—

KUALA LUMPUR

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Common questions

What is Akta Mata Wang Malaysia (Ringgit) 1975?
Malaysian Currency (Ringgit) Act 1975 is Malaysia Act, cited as Act 160 1975, currently marked in force and first recorded in 1975.
Is Akta Mata Wang Malaysia (Ringgit) 1975 still in force?
Yes — Akta Mata Wang Malaysia (Ringgit) 1975 is currently in force.
When did Akta Mata Wang Malaysia (Ringgit) 1975 take effect?
Akta Mata Wang Malaysia (Ringgit) 1975 was first recorded in 1975.
How many sections does Akta Mata Wang Malaysia (Ringgit) 1975 have?
Akta Mata Wang Malaysia (Ringgit) 1975 contains 3 sections.
Where can I read the official version of Akta Mata Wang Malaysia (Ringgit) 1975?
The official text of Akta Mata Wang Malaysia (Ringgit) 1975 is published at lom.agc.gov.my.

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