Malaysia legislation

Section 27

of SECURITIES COMMISSION (AMENDMENT) ACT 2011

Section 27

Section 146 of the principal Act is amended—

(a)

by substituting for subsection (1) the following subsection:

“(1)  Except as otherwise provided in the securities laws, any person who is aggrieved by the decision of the Commission may appeal to the Commission to review its own decision.”; and

(b)

in subsection (2)—

(i)

by substituting for the word “application” the word

“appeal”; and

(ii)

by inserting after the word “made” the words “in writing”.

Amendment of section 147