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Section 12

Amendment of section 35

of Companies Commission of Malaysia (Amendment) Act 2015

Amendment ActIn forceProvision 12 of 30
Section 12

Section 35 of the principal Act is amended by substituting for subsection (1) the following subsection:

“(1)  The Commission shall pay to the Federal Consolidated

Fund an amount not exceeding thirty per cent out of the current annual surplus of the Commission at such time and in such manner as may be determined by the Minister of Finance.”.