Malaysia legislation

Section 30

of CAPITAL MARKETS AND SERVICES (AMENDMENT) ACT 2015

Section 30

The principal Act is amended by substituting for section 256

the following section:

Quoted provision

Section 256

Any provision, clause or term contained in any agreement, contract, document or prospectus that is given or provided to an investor in relation to or concerning—

(a)

an offer for subscription or purchase of securities;

Capital Markets and Services (Amendment)

(b)

an invitation to subscribe for or purchase securities;

or

(c)

the making available of securities, that purports to exclude or restrict the liability of a person for contravention of section 92a, 246, 248 or 249 or for loss or damage under section 357 shall be void.”.

Substitution of section 256zo

Section 30 — AKTA PASARAN MODAL DAN PERKHIDMATAN (PINDAAN) 2015