Malaysia legislation

Section 62

of *SECURITIES INDUSTRY (CENTRAL DEPOSITORIES) ACT 1991

Section 62

No civil liability shall be incurred by—

(a)

an exchange holding company or a central depository;

and

(b)

any person acting on behalf of an exchange holding company or central depository, including—

(i)

any member of the board of the exchange holding company or central depository, or any member of any committee established by any such board;

(ii)

any officer of the central depository or exchange holding company; and

76 Laws of Malaysia ACT 453

(iii)

any agent of, or any person acting under the direction of the central depository or exchange holding company, for, on account of, or in respect of anything done, any statement made or omitted to be done or made, in connection with the discharge or performance or purported discharge or performance of any duties under this Act or the rules or in the exercise or intended exercise of any power under this Act or the rules, where such act, statement or omissions was done in good faith.

Power of exemption

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