Search results
contracts 1 laws of malaysia reprint act 136 contracts act 1950 incorporating all amendments up to 1 january 2006 published by the commissioner of law revision, malaysia under the authority of the revision of laws act 1968 in collaboration with percetakan nasional malaysia bhd 2006
Enforcement of contracts contingent on an event not happening. 35. When event on which contract is contingent to be deemed impossible, if it is the future conduct of a living person. 36. (1) When contracts become void which are contingent on happening of specified event within fixed time.
Commencement Remark: [Kuala Lumpur, Johore, Kedah, Kelantan, Negeri Sembilan, Pahang, Perak, Perlis, Selangor and Terengganu—23 May 1950; Malacca, Penang, Sabah and Sarawak—1 July 1974]
A contracts to sell a house to B for RM10,000. The day after the contract is made, the house is destroyed by a cyclone. B may be compelled to perform his part of the contract by paying the purchase-money. In consideration of a sum of money payable by B, A contracts to grant an annuity to B’s life.
(1) All agreements are contracts if they are made by the free consent of parties competent to contract, for a lawful consideration and with a lawful object, and are not hereby expressly declared to be void.
The Contracts Act 1950 serves as the primary legislation governing contracts in Malaysia, outlining fundamental principles and rules. Within this Act, several key provisions define and regulate different aspects of contract formation and enforcement.
Changes to legislation: Contracts Act 1950 is incorporated with all amendments up to 1 January 2006. There are changes that may be brought into force at a future date. Legislation carried on this site may not be fully up to date.
