Malaysia legislation
Section 27
Section 27
(a)
an emergency or natural disaster has occurred in Malaysia; or
(b)
there exists an economic or financial crisis or any other circumstance, whether in Malaysia or elsewhere.
(2)
The Minister may, with the concurrence of the Minister of Finance, extend the closure of the commodity exchange under subsection (1) for further periods each not exceeding five trading days.
range company writing of his subsection (1) for revocation.
has ceased to subsection (3) eives a recom-section 29 the approval under ny commodity until such time faction of the it, or rectified commendation r revokes the ange company writing of his under sub grounds for rence of the company that period not ction of any n any com-ster is of the h trading is as occurred ial crisis or n Malaysia ence of the re of the for further s.
(3)
The Minister shall specify the grounds for the closure in the direction given under subsection (1) and the grounds for any extension of the closure under subsection (2).