Malaysia legislation

Section 88

of *DEVELOPMENT FINANCIAL INSTITUTIONS ACT 2002

Section 88

Appointment of investigating officer

(1A)

An investigating officer appointed under subsection (1) shall have all the powers and functions conferred on the Bank under this

Act.

Development Financial Institutions 101

(2)

The Bank may instruct any person to take such steps as may be necessary to facilitate an investigation under subsection (1).

(3)

An investigating officer who is not an employee of the Bank shall be subject to, and enjoy such rights, privileges, protection, immunities and indemnities as may be specified in this Act, the Central

Bank of Malaysia Act 2009 or other written law applicable to an employee of the Bank.

(4)

An investigating officer, in exercising his powers and performing his functions, shall be subject to and comply with the directions, controls, instructions, conditions, restrictions or limitations as may be specified by the Bank, orally or in writing, either generally, or in any particular case or circumstance.

(5)

An investigating officer conducting any examination of any person under this Act shall have the power to administer an oath or affirmation to the person who is being examined.

Governor to have powers and functions of investigating officer