LAWS OF MALAYSIA
PART IV - LICENCES
Chapter 1 - Individual Licence
Section 43. Rights and obligations attached to an individual licence
(1) The grant of certain individual licences may be conditional on the registration of undertakings by a prospective licensee.
 
(2) In granting individual licences, the Minister may declare specified benefits only for licensees who have current registered undertakings under this section.
 
(3) The Minister may make regulations on the types of matters which may be included in an undertaking by a prospective licensee and the commensurate benefits for which the licensee shall be eligible in respect of such matters.
 
(4) The regulations made by the Minister under section 16 and this section may provide for any or all specified benefits to have effect when a licensee meets any one or more of the terms of his undertakings under subsection (1), as the Minister deems fit.
 
(5) A licence fee shall be payable by a licensee to the Commission under this section, subject to such terms as may be provided in the regulations made, and as required in the individual licence granted, under this Part.