PART IV - ISSUES OF SECURITIES AND TAKE-OVERS AND MERGERS DIVISION 5 - UNIT TRUST SCHEMES AND PRESCRIBED INVESTMENT SCHEMES
Section 117. Register of unit holders.
(1) Every management company shall keep a register of unit holders and enter into the register-
(a) in the case of a unit holder who is an individual, the name, address, the number of the identity card issued under the National Registration Act 1959 [Act 78], if any, of that individual; or
(b) in the case of a unit holder that is a corporation, the name, registered address and registration number of that corporation, if applicable.
(2) The management company shall enter into the register-
(a) the number of units held by each unit holder;
(b) the date on which the name of each person was entered in the register as a unit holder;
(c) the date on which any person ceased to be a unit holder; and
(d) any other relevant information or particulars of the unit holder,
within the previous seven years.
(3) Notwithstanding anything in subsections (1) and (2) , a management company may keep the names and particulars relating to persons who have ceased to be unit holders of the unit trust scheme or prescribed investment scheme in a separate register.
(4) The register of unit holders shall be prima facie evidence of any matters inserted therein in accordance with the provisions of this Act.
(5) Where a unit trust scheme or prescribed investment scheme has more than fifty unit holders, the management company shall, unless the register of unit holders is in such a form as to constitute in itself an index, keep an index of the names of the unit holders in a convenient form and shall, within fourteen days after the date on which any alteration is made in the register of unit holders, make any necessary alteration in the index.
(6) The index shall, in respect of each unit holder, contain sufficient indication to enable the account of that unit holder in the register to be readily found.
(7) Any person who contravenes subsection (1) , (2) , (5) or (6) shall be guilty of an offence and shall on conviction be liable to a fine not exceeding fifty thousand ringgit.