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