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Section 34

of Capital Markets and Services (Amendment) Act 2011

Amendment ActIn forceProvision 34 of 75

Section 34

The principal Act is amended by substituting for section 105

the following section:

“Trading in standardized derivatives outside Malaysia

Quoted provision

Section 105

(1)

A holder of a Capital Markets Services Licence who carries on the business of dealing in derivatives or carries on the business of fund management in relation to derivatives shall not trade in a standardized derivative on any derivatives market outside Malaysia unless—