Contracts Act 1950 Act 136 (As at 15 December 2025)
Contracts Act 1950 Act 136
(As at 15 December 2025)
| Publication Date | Dec 2025 |
| ISBN | 9789674572112 |
|
Format |
Softcover |
| Publisher | CLJ Publication |
The Contracts Act 1950 (Act 136) serves as Malaysia’s main legislation regulating contracts, outlining the rules for creating, performing, and enforcing agreements. It specifies the key requirements for a valid contract, including offer and acceptance, consideration, contractual capacity, free consent, lawful purpose, and clarity of terms. The Act also governs the fulfillment and termination of contractual obligations, the effects of breaches, and the remedies available to affected parties. Furthermore, it deals with related legal relationships such as agency, indemnity and guarantee, and bailment. Divided into several Parts, the Act has been updated over time to accommodate modern commercial practices, while its fundamental principles remain unchanged.
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