Tuesday, September 30, 2014

Federal court upholds death sentence on housewife and cousin for murder | theSundaily

Federal court upholds death sentence on housewife and cousin for murder | theSundaily

Friday, September 05, 2014

Malaysia My Second Home Program 马来西亚-我的第二家园计划 (MM2H)

FINANCIAL REQUIREMENTS

Applicants are expected to be financially capable of supporting themselves on this programme in Malaysia.

Upon application:

Applicants aged below 50 years are required to show proof of liquid assets worth a minimum of RM500,000 and offshore income of RM10,000 per month. For certified copy(s) of Current Account submitted as financial proof, applicants must provide the latest 3 months’ statement with each month’s credit balance of RM 500,000.

Applicants aged 50 and above may comply with the financial proof of RM350,000 in liquid assets and off shore income of RM10,000 per month.  For certified copy(s) of Current Account submitted as financial proof, applicants must provide the latest 3 months’ statement with each month’s credit balance of RM 350,000. For those who have retired, they are required to show proof of receiving pension from government RM 10,000 per month.

New applicants who have purchased properties worth at least RM 1 million qualify to place a lower fixed deposit amount upon approval.

财务需求

申请者必须拥有足够的财务能力来维持在马来西亚期间的生活。

申请时:

年龄低于50岁的申请者必须证明拥有至少RM500,000的流动资产,同时证明拥有海外收入每月RM10,000

年龄50岁和以上的申请者必须证明拥有至少RM350,000的流动资产,同时证明拥有海外收入每月RM10,000。对于退休人士,则必须出示获得政府认可退休金的证明,数额为每月RM10,000

购买价值至少RM1,000,000房地产的全新申请者,在申请时将获准存入数额较低的定期存款。

Small Estate Distribution

Definition of Small Estate

Interpretation given under section 3 (2) the Small Estates (Distribution) Act 1955 describes a small estate is the assets of the deceased consists in whole or in part is immovable property located in any state and the total value of not more than RM2 million on the date of application made (From 1 September 2009). Without being restricted to the limitations specified value, any property of the deceased non-Muslim people that will under the Wills Ordinance No. 38 1959 is no longer defined as a small estate. It is considered a large estate and the responsibility of the High Court. However, these provisions shall not apply to death a Muslim because it is contrary to the terms and conditions of testamentary in Islam.

Small Estate (Distribution) Act 1955

Small Estates (Distribution) Act 1955
Small Estates (Distribution) Act 1955 (previously known as Small Estates Ordinance 1955) is the main law that is used for the management of small estates. Since its commencement until now, several review and amendments have been done.
 
Overall this Act explains about the definition of small estates, jurisdiction power, work flow which starts from the petition for distribution of estate, hearing, order making to the appeal process at high court. Apart from this Act, there are other small estates distribution rules which outlines the procedural implementation and the usage of forms that are used in the small estates distribution matter.
 
In determining the distribution, Faraid Law is used when it involves the Muslims estate, while Distribution Act 1958 is used when it involves the Non-Muslims. The foundation of Faraid Law is based on the Quran and Hadith, among it are verse 11, 1, and 176 of Surah An Nisa.

Appeals court overturns open verdict in Teoh Beng Hock's death (Updated) | theSundaily

Appeals court overturns open verdict in Teoh Beng Hock's death (Updated) | theSundaily