Malaysia legislation

Section 24

of CAPITAL MARKETS AND SERVICES (AMENDMENT) ACT 2011

Section 24

Substitution of section 80

The principal Act is amended by substituting for section 80

the following section:

“Appeals

Quoted provision

Section 80

(1)

Any person who is aggrieved by the decision of the

Commission under this Division except on the revocation of a Capital Markets Services Licence for dealing in securities or dealing in derivatives, may within fourteen days after the person has been notified of the decision, appeal in writing to the Commission to review its decision.