Section 8
Duty of a central depository to ensure orderly dealings in deposited securities
of Securities Industry (Central Depositories) Act 1991
A central depository shall take all steps and do all things necessary to ensure orderly dealings in securities deposited or lodged with it.
(2)
A central depository may, in performing its function under subsection (1), give to an issuer of any deposited security directions—
(a)
to do a particular act or thing; or
(b)
to refrain from doing a particular act or thing.
(3)
An issuer who fails to comply with any direction given by a central depository under subsection (2) shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding fifty thousand ringgit or to imprisonment for a term not exceeding one year or to both.