Malaysia legislation

Section 3

of ISLAMIC FINANCIAL SERVICES BOARD ACT 2002

Section 3

(2)

Without prejudice to the generality of subsection (1), the

Board shall have the capacity to—

(a)

contract;

(b)

acquire, hold and dispose of movable and immovable property; and

(c)

institute legal proceedings.

(3)

The Board may have a common seal and may use it for the purposes set out in subsection (2) or for such other matters as may be agreed by the Council.

Secretariat of the Board

Section 3 — AKTA LEMBAGA PERKHIDMATAN KEWANGAN ISLAM 2002