time-sharing scheme

"time-sharing scheme" means a scheme, undertaking or enterprise - (a) participants in which are, or may become, entitled to use, occupy or possess, for two or more periods during the period for which the scheme, undertaking or enterprise, whether in Malaysia or elsewhere is to operate, property to which the scheme, undertaking or enterprise relates; and (b) that is to operate for a period of not less than three years.
ACT 125 - COMPANIES ACT 1965
84. Interpretation.

time-sharing scheme

"time-sharing scheme" means a scheme, undertaking or enterprise- (a) participants in which are, or may become, entitled to use, occupy or possess, for two or more periods during the period for which the scheme, undertaking or enterprise, whether in Malaysia or elsewhere is to operate, property to which the scheme, undertaking or enterprise relates; and (b) that is to operate for a period of not less than three years.
ACT 125 - COMPANIES ACT 1965
84. Interpretation.