Section 2

Interpretation

of Securities Commission Act 1993

ActIn forceProvision 2 of 2

(1)

In this Act, unless the context otherwise requires—

“affiliate” has the meaning assigned to it in the Capital Markets and

Services Act 2007 [Act 671];

“appointed day” means the day on which this Act comes into force;

14 Laws of Malaysia ACT 498

“Audit Oversight Board” means the Audit Oversight Board established under section 31C;

“Bank Negara Malaysia” means the Central Bank of Malaysia established under the Central Bank of Malaysia Act 2009 [Act 701];

“Board” means the Board established under section 4;

“Board committee” means any committee established by the Board under section 18;

“books” has the meaning assigned to it in the Capital Markets and

Services Act 2007;

“capital market” has the meaning assigned to it in the Capital

Markets and Services Act 2007;

“capital market products” has the meaning assigned to it in the

Capital Markets and Services Act 2007;

“central depository” has the meaning assigned to it in the Capital

Markets and Serivces Act 2007;

“Chairman” means the Chairman of the Commission appointed under paragraph 4(2)(a);

“clearing house” means a clearing house approved under the

Capital Markets and Services Act 2007;

“Commission” means the Securities Commission Malaysia established under section 3;

“company” has the meaning assigned to it in the Companies Act 1965 [Act 125];

“corporation” has the meaning assigned to it in the Companies Act 1965;

“Court” means—

Securities Commission Malaysia 15

(a)

a High Court established under Article 121 of the

Federal Constitution or a Judge of the High Court; or

(b)

a Sessions Court or a Magistrate’s Court established under section 3 of the Subordinate Courts Act 1948 [Act 92] or a Sessions Court Judge or a Magistrate;

“dealing in derivatives” has the meaning assigned to it in the

Capital Markets and Services Act 2007;

“dealing in securities” has the meaning assigned to it in the Capital

Markets and Serivces Act 2007;

“Deputy Chief Executive” means the Deputy Chief Executive appointed under paragraph 4(2)(b);

“derivatives” has the meaning assigned to it in the Capital Markets and Services Act 2007;

“derivatives exchange” has the meaning assigned to it in the Capital

Markets and Services Act 2007;

“derivatives market” has the meaning assigned to it in the Capital

Markets and Serivces Act 2007;

“director” has the meaning assigned to it in the Capital Markets and

Services Act 2007;

“document” has the meaning assigned to it in the Evidence Act 1950 [Act 56];

“exchange” means a stock exchange established under the Capital

Markets and Services Act 2007;

“exchange holding company” has the meaning assigned to it in the

Capital Markets and Services Act 2007;

“Fund” means the fund established under section 23;

16 Laws of Malaysia ACT 498

“Islamic capital market business or transaction” means—

(a)

the business of carrying any regulated activity;

(b)

any proposal, scheme, transaction, arrangement, activity or matter relating to any capital market product, or under

Part IIIA or Part VI of the Capital Markets and Services

Act 2007;

(c)

any transaction relating to a derivative; or

(d)

the establishing, operating or maintaining of a securities market or a derivatives market, which is consistent with the principles of Shariah as may be determined by the Shariah Advisory Council;

“Islamic capital market product” has the meaning assigned to it in the Capital Markets and Services Act 2007;

“licensed person” means a person licensed under the Capital

Markets and Services Act 2007;

“Minister” means the Minister for the time being charged with the responsibility for finance;

“officer”, in relation to—

(a)

the Commission, means any officer employed under section 20 and includes an Investigating Officer of the

Commission appointed under section 125; and

(b)

a corporation, has the meaning assigned to it in the

Companies Act 1965;

“participant” has the meaning assigned to it in the Capital Markets and Services Act 2007;

Securities Commission Malaysia 17

“participating organization” has the meaning assigned to it in the

Capital Markets and Serivces Act 2007;

“prescribed”, where no manner of prescribing is provided, means prescribed from time to time by regulations or order published in the

Gazette;

“prescribed investment” has the meaning assigned to it in the

Capital Markets and Services Act 2007;

“prescribed investment scheme” has the meaning assigned to it in the Capital Markets and Services Act 2007;

“private retirement scheme” has the meaning assigned to it in the

Capital Markets and Services Act 2007;

“public interest entity” means the entity specified in Part 1 of

Read in full context — Securities Commission Act 1993 →