Section 54
ActIn forceProvision 66 of 73
Section 54
(1)
A foreign person who intends to sell a franchise in Malaysia or to any Malaysian citizen shall apply to the Registrar by submitting an application in such form as may be determined by the Registrar together with the prescribed fee.
(2)
The Registrar may approve or refuse an application under subsection (1) without giving any reason for the refusal.
(3)
An application which is approved under this section may be subject to such conditions as the Registrar may impose.
(4)
Upon approving the application under subsection (1), the
Registrar may require the applicant to pay such amount of fee as may be prescribed.