Section 46

shall pay to the trustees any money payable to the trustee under the trust deed or contractual agreement within thirty days after the money is received by the company;

shall not without the approval of the trustees, publish or cause to be published any advertisement, circular or other document containing any statement with respect to the sale price of interests or the yield to which the trust deed or contractual agreement relates or containing any invitation to buy interests;

shall make available or ensure that there is made available to the trustees any details as the trustees require with respect to all matters relating to the contract, arrangement, undertaking or enterprise to which the trust deed or contractual agreement relates;

shall make available to the trustee all the books of the company, whether kept at the registered office or elsewhere for inspection; and

shall give to the trustees such oral or written information as the trustees require with respect to all matters relating to the contract, arrangement, undertaking or enterprise of the company or any property of the company or otherwise relating to the scheme, whether acquired before or after the date of the trust deed or contractual agreement.

60 Laws of Malaysia ACT 778

The management company and every officer who contravene this section commit an offence and shall, on conviction, be liable to a fine not exceeding five hundred thousand ringgit.

Duty to buy back interests