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In forceUpdated to 31 Dec 2025Read it in Bahasa Malaysia

Part I · Preliminary

3. No contracting out and ouster of choice of law

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(1)

The provisions of this Act shall have effect notwithstanding anything to the contrary in any agreement.

(2)

This Act shall have effect notwithstanding any contract term which applies or purports to apply the law of another country where the term appears to the court to have been imposed wholly or mainly for the purpose of enabling the party imposing it to evade the operation of this Act.

Report

Part II

Consumer Credit Commission

Part III

Functions and Powers of Regulatory and Supervisory Authority

Part IV

Advisory Committee

Part V

Licensing and Registration

Part VI

Islamic Credit Business

Part VII

Business Conduct for Credit Consumer Protection

Part VIII

Examination and Investigation

Part IX

Enforcement

Part X

General Provisions

Schedules