Malaysia legislation

Section 18

of SECURITIES COMMISSION (AMENDMENT) ACT 2015

Section 18

Section 14 of the principal Act is amended—

(a)

in subsection (1), by substituting for the words “Commission or committee” the words “Board or Board committee”;

and

(b)

by substituting for subsection (2) the following subsection:

“(2)  Every meeting of the Board or Board committee in respect of the proceedings of which minutes have been so made shall be deemed to have been duly convened and held and all members thereat to have been duly qualified to act.”.

Amendment of section 15