Malaysia legislation
Section 26
Section 26
Investment Panel
(2)
The Investment Panel shall consist of—
(a)
the Chairman of the Board or the person for the time being performing the functions of the Chairman of the
Board, as chairman;
(b)
two members appointed by the Board from amongst its members;
(c)
the Chief Executive;
(d)
a representative of the Ministry of Finance;
(e)
a representative of the Central Bank of Malaysia; and
(f)
two other persons with business and financial experience to be appointed by the Minister.
Pembangunan Sumber Manusia Berhad 23
(3)
A person appointed in accordance with paragraph (2)(f) shall serve for a period of two years from the date of his appointment.
(4)
The provisions of the Third Schedule shall apply to the members of the Investment Panel.
Power to invest