Is LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 still in force?

Yes — LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 is currently in force.

When did LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 take effect?

LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 was first recorded in 1960.

How many sections does LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 have?

LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 contains 5 sections.

Where can I read the official version of LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960?

The official text of LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 is published at lom.agc.gov.my.

/akn/my/act/act/1960/459

LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960

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English Bahasa Malaysia

Type: Act
Status: In force
Enacted: 1960
Sections: 6
Languages: EN · MS

Quick answer

About this act

LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 is Malaysia Act, cited as Act 459 1960, currently marked in force and first recorded in 1960.

Opening note

Preamble

An Act to provide for the issue and management by the Central Bank of Malaysia of loans raised under certain laws. [27 June 1960, L.N. 128/1960] BE IT ENACTED by the Seri Paduka Baginda Yang di-Pertuan Agong with the advice and consent of the Dewan Negara and Dewan Rakyat in Parliament assembled, and by the authority of the same, as follows: Short title

Section 1

This Act may be cited as the Loans (Central Bank of Malaysia)

Act 1960.

Section 2

(Omitted).

Section 3

Bank to undertake management of loans

On and after the date of the coming into operation of this Act the Central Bank of Malaysia shall undertake the issue and management of the loans raised under the laws specified in the

Schedule; and the Minister of Finance may by order make such modifications and amendments in any such laws as appear to him necessary or expedient for the purpose of giving effect to this section.

Section 4

Power of Minister to fix fee

The Minister of Finance may fix such fee as he considers reasonable for the performance by the Central Bank of Malaysia of the powers and duties conferred or imposed under this Act, and any such fee shall be charged on the Consolidated Fund.

Section 5

Saving

Nothing in this Act shall take away or interfere with any right of any lawful holder of any stock issued under any of the laws specified in the Schedule.

Loans (Central Bank of Malaysia)

Schedule

[Section 3]

Federated Malay States Loan Enactment 1936 (F.M.S. 12 of 1936).

Loan Ordinance 1946 (M.U. 10 of 1946).

Loan Ordinance 1949 (F of M. 16 of 1949).

Loan Ordinance 1951 (F. of M. 59 of 1951).

Federation of Malaya Security Loan Ordinance 1952 (F. of M. 65 of 1952).

Loan Ordinance 1955 (F. of M. 12 of 1955).

Loan (Local) Ordinance 1957 (F. of M. 68 of 1957).

Act 459

LIST OF AMENDMENTS

Amending law

Short title

In force from

— NIL —

Loans (Central Bank of Malaysia)

Act 459

LIST OF SECTIONS AMENDED

Section

Amending authority

In force from

— NIL —

KUALA LUMPUR

Common questions

What is LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960?: LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 is Malaysia Act, cited as Act 459 1960, currently marked in force and first recorded in 1960.
Is LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 still in force?: Yes — LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 is currently in force.
When did LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 take effect?: LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 was first recorded in 1960.
How many sections does LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 have?: LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 contains 5 sections.
Where can I read the official version of LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960?: The official text of LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960 is published at lom.agc.gov.my.