Trade Description Act 2011 Malaysia
Foreign banks allowed to operate in myanmar.
Trade description act 2011 malaysia. The trade description act 2011. Appointment of controller deputy controller assistant controllers etc. Its purpose is to promote good trade practices by prohibiting false trade descriptions and false or misleading statements conduct and practices in relation to the supply of goods and services. 1 january 2011 enacted by the parliament of malaysia as follows.
With the new tda the old trade descriptions act 1976 old act would thereby be repealed. Appointment of registrar of trade description order part ii prohibition of false trade descriptions 5. A warta kerajaan persekutuan federal government gazette trade description act 2011 akta 730 trade description definition of halal order 2011 disiarkan oleh published by jabatan peguam negara attorney general s chambers trade description definition of halal order 2011. Malaysia the trade descriptions act 2011 tda has just been passed and gazetted on august 18 2011 by the malaysian government in their bid to reform the law on trade descriptions.
The act aims to tighten trade mark enforcement provisions by prohibiting false trade descriptions and false or misleading statements conducts and practices in relation to goods or services thereby protecting the interest of consumers. This act was to prevent manufacturers retailers and service providers from manipulating and. The trade descriptions act 1972 has been repealed and replaced by the trade descriptions act 2011. Regulating halal in malaysia.
Keeping pace with changing times the malaysian government recently passed the trade descriptions act 2011 tda. Trade descriptions act 2011. After more than 50 years of banning the central bank of myanmar has issued the first final licenses allowing four foreign banks to operate in myanmar. Related articles by firm.
Click here to download the pdf. Consistent with malaysia s national security and international obligations. With the new act having come into effect since 01 november 2011. Laws of malaysia act 730 trade descriptions act 2011 arrangement of sections part i preliminary section 1.
Short title and commencement 2. The purpose of the act is to protect the. 2 where any trade description is subject to the provisions of the written laws specified in the schedule the provisions of this act shall not have effect in relation to any such description which is applied in accordance with the requirements of that written law. Malaysia s much needed new trade descriptions act posted on october 27 2011.
Zalina zakaria siti zubaidah ismail abstract malaysia took its cue from the united kingdom by passing the trade description act in 1972. Trade descriptions 7 laws of malaysia act 730. An act for the purpose of promoting good trade practices by prohibiting false trade descriptions and false or misleading. P art i preliminary short title and commencement 1.