WHAT BUSINESS ENTITIES AND BUSINESS OWNERS MUST KNOW ABOUT THE NEW SECTION 17A Introduction of Section 17A Section 17A of the Malaysian Anti-Corruption Commission Act 2009 (“MACC Act”) came into force on 1st June 2020 through an amendment bill gazetted back in May 2018. This addition establishes a new statutory corporate liability on commercial organizations…
While many of businesses are recovering from the economic impact ravaged by Covid-19, a new law concerning directors, business owners and senior management have come into force on 1 June 2020. What is the Law About? The new law, which is the section 17A of Malaysian Anti-Corruption Commission Act 2009 (“the Act”) introduces corporate liability…
HADHANAH: Bagaimana Status Hak Jagaan Anak Selepas Perceraian? Isu Hadhanah atau hak jagaan anak sering timbul apabila berlakunya permasalahan rumah tangga atau perceraian di antara pasangan suami dan isteri. Perebutan hak jagaan anak sama ada di antara ibu dan bapa kandung atau pihak ketiga seperti ahli keluarga yang lain adalah sukar untuk diselesaikan dan sering…
Sarawak: What should you do when your original individual/strata title lost? TAKE NOTE that ownership of an immovable property is evidenced by having one’s name registered on the individual/strata title (provided that the same has been issued by the relevant authorities). If you lost your original individual/strata title of your immovable property in Sarawak, you…
Projects Are Delayed or Abandoned Buying houses can be a nightmare especially when the developer delays in delivering vacant possession to the purchasers. This happens more often than not when unwary purchasers fell into the trap of rapacious and unscrupulous developers by paying a substantial amount to their developers as deposits or booking fees or…
What is the nature of Admiralty Jurisdiction in Malaysia? Malaysian Admiralty Jurisdiction is derived from the class of actions available within Sections 20 to 24 of the UK Senior Courts Act 1981 via section 24(b) of the Court of Judicature Act 1964. Apart from this the admiralty jurisdiction of Malaysia is also entrenched in section…
What is a Letter of Credit and its function? A letter of credit is a form of a documentary credit used in international trade. A letter of Credit comes into the picture when the buyer instructs its bank to issue a letter of credit to the seller whereby the bank undertakes to make payment to…
What is the source of Marine Insurance law in Malaysia? Malaysian marine insurance legal jurisprudence is covered by the Marine Insurance Act of 1906 which was recently amended by the Insurance Act 2015 (both being UK Statutes). This act is applicable in Malaysia by application of sections 3 and 5 of the Civil Law Act…
What is the source of law for carriage of goods by sea in Malaysia? In Malaysia, carriage of goods by sea is governed by the Carriage if Goods By Sea Act 1950. This Act adopted most of the Hague Rules 1924. It applies to all goods shipped out of any ports in Peninsular Malaysia. The…
What is the source of law for cargo claims for goods carried by sea in Malaysia? In Malaysia, cargo claims by sea are governed by the contract provided by a Bill of Lading subject to the Hague and Hague-Visby Rules. Apart from this, they are also governed by way of bailment, negligence, and conversion. A…
