Malaysia legislation

Section 61

of *FINANCE ACT 2009

Section 61

Section 57 of the principal Act is amended—

(a)

in paragraph (f)—

(i)

by substituting for the colon at the end of subparagraph (v) a semicolon; and

(ii)

by inserting after subparagraph (v) the following subparagraph:

“(vi) in the case of an instrument executed by any party implementing a sale under a duly stamped agreement for sale and purchase but afterwards became cancelled, annulled, rescinded or is otherwise not performed:”;

and

48 Laws of Malaysia ACT 693

(b)

in the proviso, by inserting after paragraph (a) the following paragraph:

“(aa) that the application for relief is made within two months from the date the instrument of transfer is rejected by the Registrar of Titles; or”.

Amendment of section 59A

Section 61 — FINANCE ACT 2009 | mylaw.my