Malaysia legislation

Section 61

of *DEVELOPMENT FINANCIAL INSTITUTIONS ACT 2002

Section 61

Any reference in this Part to a prescribed institution shall be read as including a reference to—

*NOTE—The Companies Act 1965 [Act 125] has been repealed by the Companies Act 2016 [Act 777]

which comes into operation on 31 January 2017–see subsection 620(1) of Act 777.

(a)

its related corporation; and

(b)

a person controlled by a director or directors of the prescribed institution, or by persons acting in concert with a director or directors of the prescribed institution.

Moratorium

Read in full context — *DEVELOPMENT FINANCIAL INSTITUTIONS ACT 2002 →