Section 9

a person or body of persons not being a licensed bank shall not assume or use in relation to the business or any part of the business carried on by the person or body of persons the word "bank" or any of its derivatives or any word indicating the carrying on of banking business, either in National Language or in English or in any other language;

no bank shall hereafter be licensed by a name which includes any of the words "Central", "Commonwealth", "Federal", "Federation", "Malaysia", "Malaysian", "National", "Reserve" or "State" either in National Language or in English or in any other language.

Any person who acts in contravention of paragraph (a) of subsection (1) shall be guilty of an offence and shall on conviction be liable to a fine not exceeding five thousand dollars or to imprisonment for a term not exceeding three years or to both such fine and imprisonment.

Nothing in this section shall apply to any association of banks or of employees of banks formed for the promotion of their mutual interests.

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