Malaysia legislation

Section 106D

of *DEVELOPMENT FINANCIAL INSTITUTIONS ACT 2002

Section 106D

(2)

The decision of the Bank under paragraph 106A(3)(b) or (e)

shall not take effect until the appeal is disposed of.

(3)

The Monetary Penalty Review Committee may decide to confirm the decision of the Bank or require the Bank to reconsider and reach a decision in accordance with the findings of the Committee.

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PART VIIIB

CIVIL ACTIONS

Civil action by Bank