Malaysia legislation
Section 26
of Act 663
Section 26
(2)
A person is regarded as having a professional or pecuniary interest in any building or land if—
(a)
he has been responsible for the design or construction of the building;
Act 663
(b)
he or any of his nominees, officers or employees has any material interest in the building or land or any part of the building or land;
(c)
he is a partner or is in the employment of a person who has any material interest in the building or land or any part of the building or land; or
(d)
he or his family holds any interest in the building or land or part of the building or land whether directly, as a trustee or otherwise.
Managing agent to lodge bond