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Section 91

Power to declare interests to be regulated under the securities laws

of Interest Schemes Act 2016

ActIn forceProvision 91 of 92
Section 91
(1)

The Minister charged with the responsibility for finance may request the Minister to declare that certain interests or class of interests is more appropriately regulated under securities laws as defined in the *Securities Commission Malaysia Act 1993 [Act 498].

*NOTE—Previously referred to as “Securities Commission Act 1993 [Act 498]”–see Act A1489.

Interest Schemes

95

(2)

The Minister may, after consultation with the Minister charged with the responsibility for finance, make regulations for the purposes of a declaration under subsection (1).