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Section 74

Protection to certain officers who make disclosures

of Interest Schemes Act 2016

ActIn forceProvision 74 of 92
Section 74
(1)

Where an officer of a management company in the course of performance of his duties has reason to believe that—

(a)

any matter which may or will constitute a breach or non-observance of the provisions of this Act or the subsidiary legislation made under this Act; or

(b)

a serious offence involving fraud or dishonesty, has been, is being or is likely to be committed against this Act or the management company or by other officer of the management company, he may report the matter in writing to the Registrar.

(2)

The management company shall not remove, demote, discriminate against, or interfere with the lawful employment or livelihood of any officer by reason of the report submitted by him under subsection (1).

(3)

No officer of a management company shall be liable to be sued in any Court nor be subject to any tribunal process, including disciplinary action for any report submitted by him under subsection (1)

if the report was submitted in good faith.