Malaysia legislation

Section 5B

of *SECURITIES INDUSTRY (CENTRAL DEPOSITORIES) ACT 1991

Section 5B

Any withdrawal of approval or direction issued under section 5A shall not operate so as to—

(a)

avoid or affect any agreement, transaction or arrangement entered into on the computer system operated by the central depository, whether the agreement, transaction or arrangement was entered into before or, where subsection 5A(4) applies, after the withdrawal of the approval or issuance of the direction under section 5A; or

(b)

affect any right, obligation or liability arising under such agreement, transaction or arrangement.

Securities Industry (Central Depositories) 25

Arrangements as to the discharge of duties of exchange holding company and central depository

Section 5B — SECURITIES INDUSTRY (CENTRAL DEPOSITORIES) ACT 1991