Companies Commission of Malaysia Act 2001 _Act 614

29
Companies Commission of Malaysia LAWS OF MALAYSIA RepRint Ac 614 COMpAnIeS COMMISSIOn OF MALAYSIA ACt 2001  Incorporating all amendments up to 1 January 2006 published by the CommissioneR of law Revision, malaysia undeR the authoRity of the Revision of laws aCt 968 in CollaboRation with peRCetakan nasional malaysia bhd 2006

Transcript of Companies Commission of Malaysia Act 2001 _Act 614

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Companies Commission of Malaysia

LAWS OF MALAYSIA

RepRint

Ac 614

COMpAnIeS COMMISSIOn OF

MALAYSIA ACt 2001  Incorporating all amendments up to 1 January 2006 

published by

the CommissioneR of law Revision, malaysia

undeR the authoRity of the Revision of laws aCt 968

in CollaboRation with

peRCetakan nasional malaysia bhd

2006

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COMpAnIeS COMMISSIOn OF MALAYSIA ACt 2001

d R a ... … … … 6 sr 00

d c Gazette … 7 sr 00

P revious  r ePrint 

First Reprint ... ... ... ... ... 2002

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LAWS OF MALAYSIA

Ac 614

COMpAnIeS COMMISSIOn OF MALAYSIAACt 2001

aRRanGement of seCtions

Part i

pReliminaRy

sc

. sr cc

. irr

Part ii

the Commission

. e C

4. vg r

5. C

6. mr C

7. tr c

8. Rc rg

9. vc c

0. Rr r c

. t C exc ocr drcr

. mg

. t C r g

4. pr mr g rc rqr r

5. dcr r

6. m

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4  Laws of Malaysia Act 614

Part iii

funCtions and poweRs of the Commission

sc

7. fc C

8. pr C

9. t C c

0. dg C’ c r r

Part iv

pRovisions RelatinG to employees

. e Gr

. a r , g c

. Rg rc

4. C c cr rcg

5. prc r r

6. pc r

7. pc ar prc ac 948

Part v

finanCe

8. t f

9. exr crg f

0. prr

. Cr f. acc rr

. pr rr

4. i

5. p fr C f

Part vi

GeneRal

6. i rc

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5Companies Commission of Malaysia

7. prcg cc cr C

8. og crc

9. pr mr fr sc sc

40. Rg

First schedule

second schedule

sc

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6  Laws of Malaysia Act 614

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8  Laws of Malaysia Act 614

“rr” c rr, , , r, r rg, r qr g , r rr, c--c,

g;

“c” c Cr c 9;

“C exc ocr” C exc ocr r c ;

“f” f r c 8;

“” , , crg, g r cr r r r r, c r cg, r r r r rr mr r;

“mr” mr r g crg r r rgr c, r c ;

“Rgrr b” Rgrr br Rgr b ac 956 [  Act 197 ];

“Rgrr C” Rgrr Cr C ac 965 [  Act 125];

“Cr” Cr r c 6;

“crr” g g Cac 965;

“” g g Rgr b ac 956;

“C” C C m r c ;

“c” g g Cac 965;

“g ” c rr, rg c mr rr r c

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9Companies Commission of Malaysia

4(), c Gr m, Rgrr  C Rgrr b r rjc , r rrr C;

“ ” c ac c rc;

“”, r rr, c g rg rr c r r r cg rg rr rr.

Part ii

the Commission

esablishm of h Commissio

3. () a crr “C C m” . 

() t C r cc c .

() t C .

(4) sjc r r ac, C, c r C —

  (a) r crc;

  (b) cqr, rc, , j rr r cr;

  (c) c, g, rrr, , crg, rgg,, rg, rr, r r , r , r rr r r c rr C.

Vsig rovisios

4. () sjc ac, mr , r ,

rr Gazette, g c rr Gr m rg r Gr m, Rgrr

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0  Laws of Malaysia Act 614

C Rgrr b c mr c rr , r ac, rrr C cc, g

r rr.

() er rr r c () C C r , r r r rr r r g .

() er c--c r c () C , r g , ,rcr r rc C

cr r C, Gr m, Rgrr C r Rgrr  b g c r c--c g c r c ().

(4) er rg r c () C , r g , , rcr r rc C cr r C, Gr m, Rgrr C r Rgrr  b g c r rg r c g c r c ().

(5) a g g rcg r g Gr m, Rgrr C r Rgrr  b c r rr, rg r rrr C r c (), r g , c r g C.

(6) i c rg rg r c r C g , C r c rrg r grr c rg Gr mr r r.

(7) o r g , gr rg rr, rg rrr C r c () c Gr

m, Rgrr C r Rgrr  b r r g ,

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Companies Commission of Malaysia

r rg r , r r c r rg r gr c g Gr m, Rgrr C r

Rgrr b, c C r gr.

Commo sal

5. () t c C r cc C r c , r , r, cg, r C .

() t c c Cr r r r rz C, c r Cr r crz r r cr rz Cr rg.

() a , c r r rrg c c ccrc c () , crr r,

xc.

(4) t c C c jc c.

Mmbrshi of h Commissio

6. () t C c g r mr:

  (a) Cr;

  (b) C exc ocr;

  (c) r r r,r r c rc.

() t r r rgr ()(c) r r r c rc q r lg pr ac 976 [ Act 166 ] r r

r g r xrc crc rc r.

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 Laws of Malaysia Act 614

tur of offic

7. sjc c c c r

, r C , r rg r c c r rr, c r r xcg r r g r r.

Rvocaio ad rsigaio

8. () t r C , , r mr gg

r r rc.

() a r rg c gg c rg mr.

Vacaio of offic

9. t c r C c—

  (a) ;

  (b) cc c c r r r r ;

  (c) c r;

  (d) r r c  crgg ; r

  (e) r r cc g  

C Cr r, c Cr, mr.

Rmuraio or allowac

10. mr C r g r r C r c c rr r c mr

r.

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Companies Commission of Malaysia

th Chif excuiv Officr ad Dircors

11. () t mr —

  (a) r q r lgpr ac 976 r r gr xrc crc r c r C exc ocr C;

  (b) r, drcr, C exc ocr,

c r c mr r, r rr r ac c

fr sc, r r gg r r rc.

() t C exc ocr r r -- r C.

() t drcr jc rc cr C exc ocr rr C exc ocr r ac

c fr sc c C exc ocr.

(4) i C exc ocr rr rr r r c,r drcr g Cr c c.

Migs

12. () t C crr rrc c.

() t qr g .

() i q r C r q , Cr cg .

(4) i Cr r c r

r c, r C r C exc ocr c r r r r g.

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4  Laws of Malaysia Act 614

(5) sjc r ac, C

r rcr.

th Commissio may ivi ohrs o migs

13. t C r g

r r C r r g r r c, r g

rg g r r.

powr of Miisr o g iv dirc ios ad rquir

iformaio

14. () t mr , r , g

C rc gr crcr c r ac rg C’ c,

C g c c rc.

() t C r mr c rr,

cc r rc rrc

c r ac r c fr

sc mr , r , rqr.

Disclosur of irs

15. () a r C r c

r cqr rc r rc r , r

r c r r r

c C r c c

C r c, c , c r r.

() a cr r c () rcr

g C r c,

c , c r c , r

cr, r—

  (a) rgr r r cg

qr g C r c,

c ;

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5Companies Commission of Malaysia

  (b) r r r rg cr c C r c, c ,

r c r c .

() a r C r c c r rqr r c () c c cc xcg r rgg r r r r xcg r r r .

(4) n c r rcg C r c gr r Cr c cr r c.

(5) fr r c—

  (a) “ r ”, r r C r c, c—

() ;

() r (cg r );

() c (cg c rc);

() rr r r (cg rr r r );

() c, rr r;

  (b) “c”, r r C

r c, —

() r r  c r;

() r c c r r rr;

() rr c r;

() r r r c c r r r cr; r

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6  Laws of Malaysia Act 614

() crr g Cac 965, c c r r r r rcr r

crg r r r r rc c crr.

Mius

16. () t C r c c r g rr r.

() a g C r c, g, , rcg,  prima facie c c r g C r c rc rcg c c r g q c.

Part iii

funCtions and poweRs of the Commission

Fucios of h Commissio

17. t c C —

  (a) r r ac c fr sc r r, rc,

g c , crr c ;

  (b) c g Gr r rc rg, ccg rcg  rcr r r crg r c fr sc;

  (c) rg r rg crr, c r c fr sc;

  (d) crg r rr cc g rcr,crr, gr r cr crr,

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7Companies Commission of Malaysia

-rg crr, c, ,r gr r crrcr rr r crr

c r cc ccrc r g crr grc;

  (e) c r crr rr c fr sc cr c r crrr rc , r r g , C c;

  (f) crr rrc c

r rg crr c;

  (g) mr gr r rg crr, c r c fr sc;

  (h) crr c c c g r cr r g rr r r C, r r c rr rc mr.

powrs of h Commissio

18. () t C r gcr r x r r cc rrc c.

() w rjc gr c (), r C c r—

  (a) z rr C, , c r C x cg rg rggg c rr;

  (b) r crg r rc rr C rcr mr rg r c 40;

  (c) c g, xr r c

C xrc   c;

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8  Laws of Malaysia Act 614

  (d) gr C r cr r mr;

  (e) r rrc

g cr rgr r rr c rrc c;

  (f) cr crr r grgc r r rrg C’c;

  (g) g c c r.

() t C c r cr r r cc , r r c , rrc c r c fr sc.

(4) fr c cr r C c r C exc ocr r c frsc.

th Commissio may sablish commis

19. () t C c c cr cr r x rrc c r ac.

() mr c r c () r g r C rc r r C .

() pr r q r g r C r c 9 q r gr c.

(4) a r c c r c r c r gr r.

(5) t C r r c gg r r rc.

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9Companies Commission of Malaysia

(6) a r c rg gg c rg Cr.

(7) a c r c c r cr rg rcr, xrc r c c jc c ccrc rc g c C.

(8) t r c r r g c c c r x C r.

(9) mg c c c cr c , jc c(7), r.

Dlgaio of h Commissio’s fucios or owr

20. () t C g c rr c r c 9 cr r r.

() a c r r g r c—

  (a) g jc c c r rc C r gr r cc;

  (b) xrc c C.

() a g r c rc C r rrg r xrcg c r r g.

Part iv

pRovisions RelatinG to employees

emloym of Govrm mloys

21. () t C , , cc r r r

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0  Laws of Malaysia Act 614

c Rgrr C

Rgrr b g

Gr m r

C.

() er c r r c () r

C

C r c rc r

r c rc c

r .

() u c r c rc

r r C, c r c rc Gr

c r r C

r c ().

(4) t mr rr c c

cr c r c rrr

c () r r rg c

cqc r c.

Aoim of ohr mloys, ags ad cosulas

22. () t C , r ,

c r c C

c r cr r rr

r ac c fr

sc.

() t C g

c rc r c rqr

rc r xc c r r

r crrg c r ac.

Rgulaios wih rsc o mloym

23. () t C , r ,

rg rc C.

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 Laws of Malaysia Act 614

r c r, cr, r r g c r g pC [  Act 574] .

public Auhoriis procio Ac 1948

27. t pc ar prc ac 948 [  Act 198] c, , rc r rcg g C r r g C rc c, gc r r c c cc r cc cr cr c fr sc.

Part v

finanCe

th Fud

28. () a f r r ac, r

cr C, .

() t f c —

  (a) rc C r rcrr C Gr r rrc rr C r;

  (b) rc C  gr;

  (c) r r , r r ,r r g , rr rcqr C;

  (d) r c r C;

  (e) rr C r ac;

  (f) r rc C.

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Companies Commission of Malaysia

exdiur o b chargd o h Fud

29. t f x r r —

  (a) g xr crr C,cg g c r c, rr C,cg grg , r c, r gr;

  (b) g r x, c r xr rrcrr r cc C rrc c r xrc r r ac;

  (c) rcg r rg q, cr r,cqrg rcg g, crrg r r rg rrc c r xrc r r ac;

  (d) rg rr r ac r ;

  (e) gr, g x r crrg c r ac.

praraio of simas

30. () t xr C c rz C r r r f.

() br gg c c r, xr r g c r c r cg c rcr mr rc C mr r r, mr , r gg gc r, C rzr xr gr r rz r ccr xr.

() t C , , mr

r r c r mr r r xrc .

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4  Laws of Malaysia Act 614

Cosrvaio of h Fud

31. i C cr f

rrg c xrcg r r ac cr r Cr c rr crg rcc, cg rc r c, g r r.

Accous ad rors

32. () t C c rr cc f rr rr c , rcc r c c r, c rr—

  (a) cc C c c c cc c xr;

  (b) c,

r c r.

() t C c   cc cr r c   r’ rr mr c r h pr.

() t sr b (acc a Rr) ac980 [  Act 240] C.

powr o borrow

33. () t C , r , rrr mr mr fc, rr, c r r r c r c r r r mr mr fc r, rqr C r g gr rrg c r ac.

() t C , r , r mr, rr , r,

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5Companies Commission of Malaysia

r c r c r cr c r x r g g r rrg c r ac.

Ivsm

34. t C , r r rqr x C r ac, c r C .

paym o h Fdral Cosolidad Fud

35. () t C fr Cf q r c r C c c r r mr fc.

() t mr fc r c mr, rr Gazette, r rcg c ().

Part vi

GeneRal

Isiuio of roscuio

36. n rc r c r ac c fr sc xc r c rg pc prcr.

procdigs coducd by officrs of Commissio

37. a g cr Gr prcgac 956 [  Act 359] r g cr C c cr r lgpr ac 976 r c rcg g C r r g c c sc sc rrc c r r c fr sc

c c rc c rcg C r c r, c .

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6  Laws of Malaysia Act 614

Obligaio of scrcy

38. () exc r ac r r r

c r cr rcg r r , r,cr, r g C, r rg r c r rg r r , r r cc rr c rg r C g r r c c r r c r.

() a r cr c () c c cc xcg

r rgg r r r r xcg r r r .

powr of Miisr o amd h Firs ad Scod Schduls

39. t mr , rr Gazette, fr sc sc.

Rgulaios

40. t mr , rc C, c rg x r cr rcrrg r ac.

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7Companies Commission of Malaysia

First schedule

[sc , 4, 7, , 5, 7, 6 7]

. C ac 965 [  Act 125]. tr C ac 949 [  Act 100]

. k f (pr) ac 97 [  Act 28]

4. Rgr b ac 956 [  Act 197 ]

5. a r g r ac c ,, 4.

second schedule

[sc 7]

. t Cr r c 6.

. t C exc ocr r c .

. t drcr r c .

4. Rg Rgrr, d Rgrr a Rgrr r r c 7 C ac965.

5. icr, d Rgrr a Rgrr r r c Rgr b ac956.

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8  Laws of Malaysia Act 614

LAWS OF MALAYSIA

Ac 614

COMpAnIeS COMMISSIOn OF MALAYSIAACt 2001

list of amendments

ag sr i rc r

— nil —

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9Companies Commission of Malaysia

LAWS OF MALAYSIA

Ac 614

COMpAnIeS COMMISSIOn OF MALAYSIAACt 2001

list of seCtions amended

sc ag r i rc r

— nil —