Malaysia legislation

Section 46

The following persons shall be exempted from the pro-Exemption. visions of this Act—

any bank;

any post office savings bank established under the provisions of any written law in force in the Federation relating to post office savings banks;

any co-operative society registered under any written law in force in the Federation relating to co-operative societies;

any pawnbroking business carried on by any person licensed under any written law in force in the Federation relating to pawnbrokers; or

any person which or who is authorized under any written law in force in the Federation to carry on borrowing business.