New Ruling Made Under Section 57(a) of the Legal Profession Act 1976: Moneylending Prohibited

To Members of the Malaysian Bar

New Ruling Made Under Section 57(a) of the Legal Profession Act 1976:
Moneylending Prohibited

Pursuant to section 57(a) of the Legal Profession Act 1976, Bar Council, at its recent meeting, passed the following new ruling:

Bar Council Ruling 14.26 Moneylending Prohibited


It is conduct unbefitting of an advocate and solicitor to charge interest on monies expended on his client’s behalf or on monies advanced for his client’s use, save for disbursements expended or advanced specifically or solely for the transaction or matter for which such advocate and solicitor has been retained to act, and provided that an invoice has been issued by the advocate and solicitor for such disbursements and the client has defaulted for 30 days in the payment of such invoice. It is also conduct unbefitting of an advocate and solicitor to engage or be involved, whether directly or indirectly, in the business of moneylending.

The rationale for the abovementioned ruling is as follows:

It is incompatible with the dignity and propriety of the legal profession for an advocate and solicitor to advance monies with interest, except in respect of disbursements expended or advanced by the advocate and solicitor solely for the transaction or matter which he or she has been retained to act, and provided that the advocate and solicitor has issued an invoice to his or her client for such disbursements and the client has failed to pay the invoice after 30 days. It is also incompatible with the dignity and propriety of the legal profession for an advocate and solicitor to engage or be involved in the business of moneylending.

Please be informed that the ruling will take effect immediately.

Please do not hesitate to contact Christina Gomez by telephone at 03-2050 2087 or by email at christina@malaysianbar.org.my, should you have any enquiries.

Thank you.

Tony Woon Yeow Thong
Secretary
Malaysian Bar

TERENGGANU BAR FAMILY DAY 2012... Retro (",)

TERENGGANU BAR FAMILY DAY 2012
DATE: 15 JUNE & 16 JUNE 2012
VENUE: SUTRA BEACH RESORT, SETIU TERENGGANU

TENTATIF PROGRAM

15hbJUN 2012 (Jumaat) :-

Time Event
12.00tghr –2.00ptg -Pendaftaran & Check In
(Makan tengahari tdk disediakan)

3ptg – 6.30ptg -Aktiviti Sesi Pertama
Antara Acara-Acara: (Dewasa Lelaki & Wanita)
(1) Kerbau Diheret Pulang
(2) Traditional Beach Soccer
(3) Panahan Arjuna
(4) Cinta bersemi di Tepian Pantai
8.00mlm–11.00mlm -BBQ Dinner / Pertandingan Dress terbaik “Retro: Nostalgia & Kemeriahan”
-Peserta yang berpakaian mengikut tema akan mendapat hadiah.


16hb Jun 2012 (Sabtu) :-

Time Event
7pg- 9pg Sarapan
Sarapan percuma adalah terhad kepada peserta yang menginap sahaja. (Percuma 2 dewasa)
Jika ada tambahan dewasa, bayaran sebanyak RM 20 dikenakan untuk dewasa, dan RM 11 untuk kanak-kanak.

9pg – 11pg Aktiviti Sesi Kedua;

Antara Acara-acara: Kanak-Kanak

Kanak-Kanak
(1) Mewarna
(2) Penyu Mencari Telur
(3) Belon “Kebaboo”
12tghri Bersurai