Malaysia legislation

Section 33

of *INTEREST SCHEMES ACT 2016

Section 33

(a)

the person has given his written consent to the issue of the prospectus or product disclosure statement with the

40 Laws of Malaysia ACT 778

statement made in the form and context in which the consent is included and has not withdrawn such consent before the date of issue of the prospectus or product disclosure statement; and

(b)

there appears in the prospectus or product disclosure statement, a statement that the person has given and has not withdrawn his consent.

(2)

Subsection (1) shall not apply to a statement which is an extract of an official statement or any other statement as may be specified by the Registrar.

(3)

If any prospectus or product disclosure statement is issued in contravention of this section, the management company and every person who is a party to the issue of the prospectus or product disclosure statement commits an offence and shall, on conviction, be liable to imprisonment for a term not exceeding five years or to a fine not exceeding one million ringgit or to both.

Relief from requirements in relation to form and content of prospectus or product disclosure statement