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27. Saving and transitional

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(1)

Any application by a franchisor to register his franchise, or any application by a foreign person to sell a franchise in Malaysia or to a Malaysian citizen that is pending before the coming into operation of this Act shall be dealt with in accordance with the principal Act as amended by this Act.

(2)

Any registration of a franchise approved under the principal

Act before the coming into operation of this Act shall, on the date of coming into operation of this Act, continue to be effective for such period of effectiveness as prescribed under section 10

of the principal Act as amended by this Act.

Franchise (Amendment)

(3)

Any foreign person who has obtained an approval to sell a franchise in Malaysia or to any Malaysian citizen under section 54 of the principal Act before the date of coming into operation of this Act shall, on the date of coming into operation of this Act, be deemed to have registered his franchise under section 6 of the principal Act as amended by this Act.

KUALA LUMPUR

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