Malaysia legislation
Section 3
of INTERNATIONAL SETTLEMENT AGREEMENTS RESULTING FROM MEDIATION ACT 2026
Section 3
Application
(a)
at least two of the parties have their places of business in different States; or
(b)
the State in which the parties have their places of business is different from either—
(i)
the State in which a substantial part of the obligations under the settlement agreement is performed; or
(ii)
the State with which the subject matter of the settlement agreement is most closely connected.
(2)
This Act shall not apply to the following international settlement agreements:
(a)
that have been concluded to resolve a dispute arising from transactions engaged in by one of the parties who is a consumer for personal, family or household purposes;
Act 881
(b)
that arises from family, inheritance or employment laws;
(c)
that have been concluded or recorded as a judgement of a court in the course of court proceedings and are enforceable as a judgement of a court; and
(d)
that are enforceable as an arbitral award.
(3)
For the purposes of subsection (1)—
(a)
if a party has more than one place of business, the relevant place of business is that which has the closest relationship to the dispute resolved by the international settlement agreement, having regard to the circumstances known to, or contemplated by, the parties at the time of the conclusion of the international settlement agreement;
and
(b)
if a party does not have a place of business, the place of business refers to the habitual residence of the party.
Application for enforcement of international settlement agreement