SSM Issued Guidelines for Practicing Certificates

GUIDELINES RELATING TO PRACTISING CERTIFICATE FOR SECRETARIES UNDER SECTION 241 OF THE COMPANIES ACT 2016


SSM has issued a guideline  pursuant to section 20C of the Companies Commission of Malaysia Act 2001. Its objectives is to serves as a guidance for individual swho wish to act as a secretary pursuant to section 241 of the Companies Act 2016 (CA 2016).  In general, persons who meets the fundamental requirements and has one of the following qualifications are eligible to apply for a practicing certificate;

  • Malaysian Institute of Chartered Secretaries and Administrators (MAICSA);
  • Malaysian Institute of Accountants (MIA);
  • Malaysian Bar (BC);
  • Malaysian Association of Company Secretaries (MACS);
  • Malaysian Institute of Certified Public Accountants (MICPA);
  • Sabah Law Association (SLA); or
  • Advocates Association of Sarawak (AAS).

However, it stated that a person who has been appointed as a secretary of a company prior to the enforcement of section 241 of the CA 2016 may continue to act as a secretary to the company and is required to register with the Registrar within 12 months from the enforcement date.for more information click the link below

GUIDELINES RELATING TO PRACTISING CERTIFICATE FOR SECRETARIES UNDER SECTION 241 OF THE COMPANIES ACT 2016