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Monash University Malaysia leads project to modernize Malaysia's 1950 Contract Act for the digital age.
Monash University Malaysia and the National University of Malaysia are leading a project to modernize Malaysia's Contract Act 1950, last amended in 1976.
The initiative aims to update the law to fit the digital age, addressing outdated definitions and complexities of modern transactions, particularly in e-commerce.
Led by a committee including a Federal Court judge, the project will run until December 2026 and involves eight specialized working groups.
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Monash University Malasia lidera el proyecto para modernizar la Ley de Contratos de 1950 de Malasia para la era digital.