Section 14
Substitution of section 395
of Companies (Amendment) Act 2024
Amendment ActIn forceProvision 14 of 39
Section 14
The principal Act is amended by substituting for section 395
the following section:
“Non-application of this Subdivision
Quoted provision
Section 395
This Subdivision shall not apply to—
(a)
a company which is a licensed institution or an operator of a designated payment system regulated under the laws enforced by the Central Bank of Malaysia;
(b)
a company which is approved or registered under