Briefing

 


A NEW STRATA REGIME 
The Strata Management Act 2013 which came into force on 1 June 2015, seeks to provide for matters relating to the proper maintenance and management of buildings and common property. The Act is applicable in Peninsular Malaysia and the Federal Territories.

In this article, we discuss the changes in the strata regime in light of the recent legislative changes.

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THE NET EFFECT 
The Netting of Financial Agreements Act 2015 came into force on 30 March 2015. It seeks to provide a legal framework governing close-out netting for financial transactions in Malaysia.

In this article, we discuss the relevant provisions, benefits and legal impediments faced under the Netting of Financial Agreements Act 2015.

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