Malaysia legislation
Section 23
Section 23
(a)
shall be in writing;
(b)
shall contain immediately above the place provided for the signature of the purchaser the statement “THIS
CONTRACT IS SUBJECT TO A COOLING-OFF PERIOD
OF TEN WORKING DAYS” printed in upper case in type not smaller than 18 point Times; and
(c)
shall be signed by both the vendor and the purchaser.
(2)
Where a contract in respect of a direct sale is concluded by a person authorized by the vendor, such person shall be deemed to be the vendor for the purposes of this section.
(3)
A purchaser who enters into a contract to which subsection (1) applies shall be given a duplicate copy immediately after the making of such contract.
(4)
Failure to comply with subsection (1) shall render the contract void.
(5)
Failure to comply with subsection (3) shall render the contract voidable at the option of the purchaser.
Contents of direct sales contracts