Malaysia legislation
Section 54
Section 54
(2)
Any payment made in contravention of subsection (1) shall be void ab initio, and no person to whom the money is paid shall obtain any title to it.
(3)
Subsections (1) and (2) shall not affect the validity of any payment made from a segregated account by a dealer to the clearing house in fulfilment of the dealer's obligations under the regulations of the clearing house.