Malaysia legislation

Section 28

of SECURITIES COMMISSION (AMENDMENT) ACT 2011

Section 28

The principal Act is amended by substituting for section 147

the following section:

Quoted provision

Section 147

Except as otherwise provided in the securities laws—

(a)

any decision made by the Minister under the securities laws, whether an original decision by him or a decision on appeal to him from a decision of the

Commission; or

Securities Commission (Amendment)

(b)

any decision by the Commission under the securities laws made pursuant to an appeal to review its original decision, shall be final.”.

Amendment of section 150a

Section 28 — AKTA SURUHANJAYA SEKURITI (PINDAAN) 2011