Malaysia legislation

Section 29

of COMMODITIES TRADING ACT 1985

Section 29

Where the Commission is of the opinion that the act or omission by the exchange company, any member of the Management Board or any officer of the exchange company under section 28, is of such a serious nature as to warrant a revocation of the approval granted to the exchange company under section 19, the Commission may, instead of suspending trading under section 28, make a recommendation to the Minister to revoke the approval granted by him to the exchange company.