Malaysia legislation

Section 46

of *CENTRAL BANK OF MALAYSIA ACT 2009

Section 46

(2)

A financial institution or any person approved by the Bank shall settle, in such manner as the Bank or the body corporate may from time to time specify by notice in writing, all balances between itself and any other financial institution or any person approved by the Bank arising out of the general clearances effected in Kuala Lumpur and such other

56 Laws of Malaysia ACT 701

places as the Bank or a body corporate established or acquired under paragraph 48(1)(c) may specify.

Credit bureau

Section 46 — CENTRAL BANK OF MALAYSIA ACT 2009 | mylaw.my