Malaysia legislation
Section 8
Section 8
(2)
A central depository may, in performing its function under subsection (1), give to an issuer of any deposited security directions—
(a)
to do a particular act or thing; or
(b)
to refrain from doing a particular act or thing.
(3)
An issuer who fails to comply with any direction given by a central depository under subsection (2) shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding fifty thousand ringgit or to imprisonment for a term not exceeding one year or to both.
Authorized depository agents, issuers, etc., to comply with rules of a central depository