Contract Act 1950

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Contracts

1

LAWS OF MALAYSIA
REPRINT

Act 136

CONTRACTS ACT 1950
Incorporating all amendments up to 1 January 2006

PUBLISHED BY THE COMMISSIONER OF LAW REVISION, MALAYSIA UNDER THE AUTHORITY OF THE REVISION OF LAWS ACT 1968 IN COLLABORATION WITH PERCETAKAN NASIONAL MALAYSIA BHD 2006

2

CONTRACTS ACT 1950 First enacted … ... ... ... ... … Revised … … … … … ... … 1950 (F.M. Ordinance No. 14 of 1950) 1974 (Act 136 w.e.f. 1 July 1974)

PREVIOUS REPRINTS First Reprint ... Second Reprint ... ... ... ... ... ... ... ... ... 1997 2000

3 LAWS OF MALAYSIA Act 136 CONTRACTS ACT 1950

ARRANGEMENT OF SECTIONS

PART I PRELIMINARY
Section

1. 2.

Short title Interpretation PART II OF THE COMMUNICATION, ACCEPTANCE AND REVOCATION OF PROPOSALS

3. 4. 5. 6. 7. 8. 9.

Communication, acceptance and revocation of proposals Communication, when complete Revocation of proposals and acceptances Revocation how made Acceptance must be absolute Acceptance by performing conditions, or receiving consideration Promises, express and implied PART III OF CONTRACTS, VOIDABLE CONTRACTS AND VOID AGREEMENTS

10. 11.

What agreements are contracts Who are competent to contract

4
Section

Laws of Malaysia

ACT 136

12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24.

What is a sound mind for the purposes of contracting “Consent” “Free consent” “Coercion” “Undue influence” “Fraud” “Misrepresentation” Voidability of agreements without free consent Power to set aside contract induced by undue influence Agreement void where both parties are under mistake as to matter of fact Effect of mistake as to law Contract caused by mistake of one party as to matter of fact What considerations and object are lawful, and what not

Void Agreements 25. 26. Agreements void if considerations and objects unlawful in part Agreement without consideration, void, unless—…...

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