Malaysia legislation
Section 14
Section 14
Section 211 of the principal Act is amended by substituting for subsection (4) the following subsection:
“(4) To the extent that any of the amount obtained in a civil action under subsection (1) has not been distributed pursuant to paragraph (2)(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.”.
Substitution of Division 1 of Part VI