Section 37
Power to endorse innovative products or services
of Agensi Inovasi Malaysia Act 2010
The Agency may endorse, by way of certification, any product or service which comply with the criteria as determined by the Agency as an innovative product or service.
(2)
The endorsement under this section shall be for a maximum period of two years.
(3)
The Agency shall cause to be published a list of all innovative products or services endorsed under subsection (1) in its official website.
(4)
The Agency may, at any time before the expiry of the period specified in subsection (2), revoke the endorsement under this section if the innovative product or service no longer meets the criteria for endorsement as determined by the Agency under subsection (1).
(5)
The owner of the product or service shall have no right of representation in respect of such revocation.
(6)
No endorsement under this section shall, by itself, entitle the owner of the product or service to—
(a)
any expectation of any business benefit; or
(b)
any privileged treatment under any written law.
(7)
The Agency shall not be liable in any way for any loss incurred as a result of the revocation of an endorsement under this section, and
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no cause of action shall lie against the Agency or the Government in respect of such revocation.
(8)
All Ministries, Government institutions or agencies and the
Federal Government linked companies shall take into consideration of the innovative product or service in their procurement activities.