Malaysia legislation

Section 4

of NETTING OF FINANCIAL AGREEMENTS ACT 2015

Section 4

The application of this Act in relation to financial collateral shall only extend to financial collateral provided in the form of—

(a)

cash or cash equivalents, including negotiable instruments and demand deposits;

(b)

securities, a securities account or a right to acquire securities; or

(c)

futures agreement or futures account.

Feature of qualified financial transaction

Section 4 — AKTA PENGHASILAN BERSIH PERJANJIAN KEWANGAN 2015