Document background
This No Liabilities Agreement is designed for use in situations where parties wish to formally establish boundaries of responsibility and liability under Malaysian law. It is particularly relevant for high-risk activities, experimental projects, or situations where traditional liability arrangements are impractical or undesirable. The document includes comprehensive provisions outlining specific circumstances where liability is excluded, necessary acknowledgments from all parties, and any exceptions to the liability limitations. It ensures compliance with Malaysian legislation, including the Contracts Act 1950, Civil Law Act 1956, and Consumer Protection Act 1999, while providing clear terms for all parties involved. This agreement is commonly used in recreational activities, testing services, prototype development, or any situation where parties need to proceed with activities while explicitly acknowledging and accepting certain risks.
