Business Law
Topic 1: Sources of Malaysian Law
Written Rules (Statute Law): Governed by the Federal Constitution.
Unwritten Law: Includes English law (common law and equity), judicial precedents, and customs.
English Law: Applicable in Malaysia prior to 7 April 1956 (Civil Law Act 1956).
Government Administration System
Separation of Powers: Ensures checks and balances between Legislature, Executive, and Judiciary.
Parliament (Legislature): Primary law-making body.
Executive (Government): Enforces law.
Judiciary: Upholds justice.
Doctrine of Separation of Powers
Goals: Ensures check and balance within branches & Maintains democracy by protecting citizens' rights and liberties.
Legislation: Law Making Process
Bill Framing: By Minister/Ministry with Attorney General’s advice.
Cabinet Approval: Bill policy explanation.
Parliamentary Readings:
First Reading: Minister reads Bill.
Second Reading: Discussion and debate.
Third Reading: Committee review.
Senate Approval: After House of Representatives.
Monarch Approval: Royal Seal makes it an Act.