Malaysia legislation

Section 133

of LABUAN FINANCIAL SERVICES AND SECURITIES ACT 2010

Section 133

(a)

offers to sell, purchase or exchange securities are regularly made or accepted;

(b)

offers or invitations that are intended, or may reasonably be expected, to result, whether directly or indirectly, in the making or acceptance of offers to sell, purchase or exchange securities, are regularly made; or

(c)

information concerning the prices at which or the consideration for which particular persons or classes of persons propose to sell, purchase or exchange, or may reasonably be expected to sell, purchase or exchange, securities is regularly provided;

“trading agent” means a person licensed and authorized to engage in the business of dealing in securities pursuant to the rules of the exchange established pursuant to this Part.

*NOTE—The Labuan Offshore Securities Industries Act 1998 [Act 579] has since been repealed by the Labuan Financial Services and Securities Act 2010 [Act 704] which comes into operation on 11 February 2010—see section 201 of Act 704.

Act 704

Establishment of exchanges