Movable Property Security Interest (MPSI) Bill - PDF
Movable Property Security Interest (MPSI) Bill
1. In Malaysia,
✅ for incorporated entities, section 353 of the Companies Act 2016 currently regulates the creation, registration, and enforcement of assets for both movable and immovable assets.
✅ However, there is no single legal framework that governs the creation and enforcement of movable assets as security interests created by unincorporated entities (e.g. sole proprietorship or partnership) /individuals.
2. Real estate and buildings, as well as other fixed assets, are commonly used as collateral for loans.
👉 However, movable collateral (such as inventory, accounts receivable, livestock, crops, equipment, and machinery) is unpopular in many jurisdictions due to the lack of a legal framework that oversees security interests/secured transactions in those jurisdictions.
3. Suruhanjaya Syarikat Malaysia (SSM) published Consultative Documents on the proposed Movable Property Security Interest (MPSI) Bill for public consultation on October 14, 2021.
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1. 在马来西亚，
✅ 对于法人实体，《2016年公司法令》第353条文目前对动产和不动产的构成、登记和执行进行了规定。
✅ 然而，没有单一的法律框架来规范非法人实体（比如：独资经营企业或合伙企业）/个人，针对以动产为担保的创立和执行。
2. 房地产和建筑物，以及其他固定资产，通常被用作贷款的抵押品。
👉 然而，动产抵押品（如存货、应收账款、牲畜、农作物、设备和机器），在许多管辖区却不受欢迎，因为这些管辖区缺乏监督担保权益/担保交易 [security interests/secured transactions] 的法律框架。
3. 马来西亚公司委员会（SSM）于2021年10月14日，公布了关于拟议的动产担保权益（MPSI）法案的咨询文件，以征求公众意见。
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