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Section 18

of Commodities Trading Act 1985

ActRepealedProvision 18 of 142

Section 18

(2)

No company shall establish and operate a commodity exchange unless it has been granted approval under subsection (1) of section 19.

(3)

Any person who contravenes the provisions of subsection (1) or (2) commits an offence and is liable on conviction to a fine not exceeding ten thousand ringgit or imprisonment for a term not exceeding one year or to both.

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