Malaysia legislation

Section 20

of CO-OPERATIVE SOCIETIES ACT 1993

Section 20

(a)

that every such member who produces any such articles shall dispose of the whole or any specified amount, proportion or description thereof to or through the society; and

(b)

that any member who is proved or adjudged, in such manner as may be prescribed by the regulations, to be guilty of a breach of such by-laws or contract shall pay to the society as liquidated damages a sum ascertained or assessed in such manner as may be prescribed by such regulations.

(2)

No contract entered into under this section shall be contested in any court on the ground only that it constitutes a contract in restraint of trade.

Section 20 — AKTA KOPERASI 1993 | mylaw.my