Product Waiver Form

Product Waiver Form Template for Malaysia

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Key Requirements PROMPT example:

"I need a Product Waiver Form for my new fitness equipment business in Malaysia, specifically for high-intensity training machines that will be used in commercial gyms starting January 2025."

Document background

The Product Waiver Form is a critical risk management document used in Malaysian commercial transactions where products carry inherent risks or require specific user acknowledgments. This document is essential when companies need to protect themselves from liability while ensuring consumers are fully informed of product risks. The form must comply with Malaysian consumer protection laws, contract laws, and relevant sector-specific regulations. It typically includes detailed product information, risk disclosures, limitation of liability clauses, and specific terms under which the waiver applies. The document is particularly important for products that may pose safety risks or require specific user understanding and acknowledgment.

Suggested Sections

1. Product and Parties Identification: Details of the product being waived and identification of both the company and the person signing the waiver

2. Acknowledgment of Risk: Clear statement that the signatory understands the risks associated with the product use

3. Waiver Declaration: Explicit statement of rights being waived and acceptance of responsibility

4. Terms and Conditions: Specific conditions under which the waiver applies

5. Limitation of Liability: Extent to which the company's liability is limited, subject to Malaysian law

6. Governing Law: Statement that the waiver is governed by Malaysian law

7. Signature Block: Space for date, signature, and witness details as required by Malaysian law

Optional Sections

1. Medical Disclaimer: Required for products with potential health implications or medical devices

2. Parental Consent: Required when the product may be used by or affect minors

3. Safety Instructions: Detailed section for products with specific safety requirements or hazards

4. Electronic Acceptance: Required for digital execution of the waiver, including specific provisions under the Electronic Commerce Act

5. Language Declaration: Required when the waiver is provided in multiple languages, confirming which version prevails

6. Data Protection Notice: Required when personal data is collected, ensuring compliance with PDPA 2010

Suggested Schedules

1. Product Details Schedule: Detailed description of the product(s) covered by the waiver, including specifications and serial numbers if applicable

2. Risk Disclosure Appendix: Comprehensive list of potential risks and hazards associated with the product

3. Usage Guidelines: Detailed instructions for proper product use and maintenance

4. Warranty Terms: If applicable, details of any remaining warranty coverage or terms that are not waived

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Manufacturing

Retail

Consumer Goods

Sports and Recreation

Medical Devices

Electronics

Automotive

Fitness and Wellness

Food and Beverage

Construction Equipment

Children's Products

Sporting Goods

Relevant Teams

Legal

Compliance

Risk Management

Product Development

Quality Assurance

Customer Relations

Sales

Operations

Safety and Security

Commercial

Relevant Roles

Legal Counsel

Risk Manager

Compliance Officer

Product Manager

Sales Director

Customer Service Manager

Quality Assurance Manager

Operations Manager

Safety Officer

Retail Manager

Business Development Manager

Commercial Director

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