Malaysia legislation
Section 12
Section 12
Section 200 of the principal Act is amended by substituting for subsection (5) the following subsection:
“(5) To the extent that any of the amount obtained in a civil proceeding under subsection (1) has not been distributed pursuant to paragraph (3)(b), it shall be—
(a)
paid to the Capital Market Compensation Fund maintained under Part IV; or
(b)
retained by the Commission to defray—
(i)
the cost of developing and facilitating educational programmes for capital market investors and professionals; or
(ii)
the cost of regulating the capital market, as the Commission may determine, with the approval of the Minister.”.
Amendment of section 201