Malaysia legislation
Section 3
Section 3
“Malaysian insolvency office-holder” means—
(a)
assistance is sought in Malaysia by a foreign court or foreign representative in connection with foreign proceedings;
(b)
assistance is sought in a foreign State in connection with proceedings under Malaysian insolvency law;
(c)
foreign proceedings and proceedings under Malaysian insolvency law in respect of the same debtor are taking place concurrently; or
(d)
creditors or other interested persons in a foreign State have an interest in applying for the commencement of, or participating in, proceedings under Malaysian insolvency law.
(2)
This Act shall not apply to—
(a)
insolvency and bankruptcy of an individual under the Insolvency Act 1967 [Act 360];
(b)
any person carrying on a registered business or licensed business under—
(i)
the Registration of Businesses Act 1956 [Act 197];
(ii)
the Trades Licensing Ordinance [Sabah Cap. 144];
(iii)
the Businesses, Professions and Trades Licensing
Ordinance [Sarawak Cap. 33]; and
(iv)
the Business Names Ordinance [Sarawak Cap. 64];
(c)
any limited liability partnership and foreign limited liability partnership under the Limited Liability Partnerships Act 2012
[Act 743]; and
(d)
any person as specified in Part I of the Schedule.
Act 877
Act to be read together with other laws