Legal Profession Act 1976 · Updated to 1 Aug 2018 · Part VIII · Remuneration of Advocates and Solicitors
112. No advocate and solicitor to purchase interest of client
Feedback & supportExcept as expressly provided in any written law, or by rules made under this Act, no advocate and solicitor shall—
advocate and solicitor
“advocate and solicitor” includes the executors, administrators and assignees of the advocate and solicitor in question. Legal Profession 141 Advocate and solicitor entitled to charge on property for costs
purchase or agree to purchase either directly or indirectly an interest or any part of the interest which is the subject matter of his client or that of the other party in the same suit, action or other contentious proceeding brought or to be brought or maintained; or
enter into any agreement by which he is retained or employed to prosecute any suit or action or other contentious proceeding which stipulates for or contemplates payment only in the event of success in such suit, action or proceeding.
Nothing in this Act shall be construed to legalise any purchase or agreement prohibited by subsection (1) or to any disposition, contract, settlement, conveyance, delivery, dealing or transfer which is void or invalid against—
the Director General of Insolvency under the law relating to bankruptcy;
a liquidator or receiver under the law relating to the winding up of companies; or
a creditor in any composition.
132 Laws of Malaysia ACT 166