Malaysia legislation
Section 13
Section 13
Section 201 of the principal Act is amended by substituting for subsection (9) the following subsection:
“(9) To the extent that any of the amount recovered or obtained in a civil action under subsection (5) or (6) has not been distributed pursuant to subsection (7), it shall be—
(a)
paid to the Capital Market Compensation Fund maintained under Part IV; or
Capital Markets and Services (Amendment)
(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 211