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Malaysia Legislation


P.U.(A) 359/98
DIGITAL SIGNATURE REGULATIONS 1998

PART IV - SUITABLE GUARANTEES AND CLAIMS



Regulation 26. Procedure for claim.

(1) Subject to regulation 27, a person who asserts that that person has a qualified right to payment against the issuer of a suitable guarantee shall, within thirty days of the judgment of the court on which the qualified right to payment is based, submit a written notice of the claim in Form 4 to the Controller.

(2) A notice under subregulation (1) shall be accompanied by -


(3) If the Controller finds that the claim is in order, the Controller may order the payment and satisfaction of the claim.