Malaysia legislation
Section 45
Section 45
(2)
A revocation or suspension of the registration of a person does not operate so as to—
(a)
avoid or affect any agreement, transaction or arrangement relating to the trading in commodity futures contracts entered into by such person, whether the agreement, transaction or arrangement was entered into before or after the revocation or suspension of the registration; or
(b)
affect any right, obligation or liability arising under any such agreement, transaction or arrangement.
(3)
A person whose registration is revoked under section 42 (other than subparagraph (iii) or (iv) of paragraph (a), subparagraph (ii) or (v) of paragraph (b), or subparagraph (ii) or (v) of paragraph (c), of subsection (2) of that section) or section 44 or suspended pursuant to section 44 but which has not been lifted before the expiry of his registration under this Act may not apply to be registered under this Part as a registered person until the expiration of at least twelve months from the date of revocation.