Section 36
of Securities Industry (Central Depositories) Act 1991
ActIn forceProvision 41 of 78
Section 36
(1)
No central depository shall purchase, acquire, or otherwise deal in, any deposited security as principal other than for such purpose and in such manner as may be permitted by the Minister under regulations made under this Act.
(2)
A central depository which contravenes subsection (1) shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding five hundred thousand ringgit or to imprisonment for a term not exceeding two years or to both.
50 Laws of Malaysia ACT 453