139. Dealing in securities

Terms defined in this Act

• dealing in securities

  dealing in securities

  Defined · s 2

  “dealing in securities” means, whether as principal or agent, making or offering to make with any person or inducing or attempting to induce any person to enter into or to offer to enter into— (a) any agreement for, or with a view to, acquiring, disposing of, subscribing for, or underwriting securities; or (b) any agreement the purpose or avowed purpose of which is to secure a profit to any of the parties from the yield of securities or by reference to fluctuations in the value of securities;

  Open s 2
• exchange

  exchange

  Defined · s 133

  “exchange” includes a body corporate established as a securities exchange under section 134 and the Labuan International Financial Exchange that was established by the Minister under section 30 of the *Labuan Offshore Securities Industry Act 1998 that was approved and recognized immediately before the effective date;

  Open s 133
• person

  person

  Defined · s 2

  “person” includes a corporation, partnership, a body of persons, corporate or unincorporated and a corporation sole;

  Open s 2
• ringgit

  ringgit

  Defined · s 2

  “ringgit” means a ringgit in the currency of Malaysia;

  Open s 2
• trading agent

  trading agent

  Defined · s 133

  “trading agent” means a person licensed and authorized to engage in the business of dealing in securities pursuant to the rules of the exchange established pursuant to this Part. *NOTE—The Labuan Offshore Securities Industries Act 1998 has since been repealed by the Labuan Financial Services and Securities Act 2010 which comes into operation on 11 February 2010—see section 201…

  Open s 133