Monopolies Act

This Act may be cited as the Monopolies Act.

It shall be lawful for His Majesty the Sultan and Yang Di-Pertuan to grant by licence in the form set out in the Second Schedule to any person or body of persons or any company desirous of or formed for any or all of the purposes specified in the First Schedule the exclusive right in such behalf and the full enjoyment of all benefits and profits arising therefrom for such length of time and within such limits and upon all such length of time and within such limits and upon all such other special terms and conditions as shall in each case be deemed proper to prescribe in such licence.

Any person or persons or company not being licensed as provided by section 2 and trading or attempting to trade in such manner as encroaches or is likely to encroach upon or interfere in any way with the exclusive right and full enjoyment of the kinds therein referred to shall for each offence be liable on conviction to imprisonment for 5 years and a fine and to forfeiture of the plant, if any, used for the purpose of such trading or attempt.

His Majesty the Sultan and Yang Di-Pertuan may from time to time make and, when made, vary or cancel rules for more effectually carrying out the purposes and provisions of this Act and may prescribe penalties for any breach thereof.

Monopolies

p. 4

[CAP. 73 2003 Ed.]

His Majesty the Sultan and Yang Di-Pertuan may by public notification at any time add to the purposes specified in the First Schedule to this Act.

His Majesty the Sultan and Yang Di-Pertuan shall have exclusively jurisdiction to determine any question whether any matter or thing falls within any of the purposes specified in the First Schedule.