The No Liability Agreement serves as a crucial legal instrument in Malaysian business operations where parties need to clearly establish risk allocation and liability disclaimers. This document is particularly relevant in situations involving inherent risks, such as recreational activities, professional services, or facility usage. It must comply with Malaysian contract law principles, including the Contracts Act 1950 and relevant consumer protection regulations. The agreement typically includes detailed sections on risk disclosure, acknowledgment of understanding, and voluntary acceptance of risks. It's essential for businesses operating in Malaysia who need to protect themselves while maintaining transparency with their clients or users about potential risks and limitations of liability.

1. Parties: Identifies and defines all parties to the agreement, including their full legal names, registration numbers (if applicable), and addresses

2. Background: Provides context for the agreement, explains the relationship between parties, and outlines the purpose of the no-liability arrangement

3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation

4. Scope of Agreement: Clearly defines the activities, services, or situations covered by the liability disclaimer

5. Liability Disclaimer: Core section detailing the specific liabilities being disclaimed and the extent of the disclaimer

6. Acknowledgment of Risk: Statement confirming that all parties understand and accept the risks involved

7. Representations and Warranties: Statements about the parties' understanding of the agreement and capacity to enter into it

8. Duration and Termination: Specifies how long the agreement remains in effect and how it can be terminated

9. Governing Law: Confirms Malaysian law as governing law and specifies jurisdiction for disputes

10. Entire Agreement: Confirms that this document represents the complete agreement between parties

11. Severability: Ensures that if any provision is found invalid, the rest of the agreement remains enforceable