Malaysia legislation
Section 5
Section 5
(2)
The Advisory Board shall consist of the following members:
(a)
a Chairman;
(b)
the Director General; and
(c)
not more than five other members as appointed by the Yang di-Pertuan Agong, on the advice of the
Prime Minister.
(3)
The Yang di-Pertuan Agong shall, on the advice of the
Prime Minister, appoint the Chairman of the Advisory Board on such terms and conditions as may be specified in his instrument of appointment.
Act 822
(4)
The Chairman of the Advisory Board shall hold office for a term not exceeding three years after which he shall be eligible to be reappointed upon the expiry of his term of office.
(5)
The other members of the Advisory Board appointed under paragraph (2)(c) shall hold office for a term not exceeding three years after which they shall be eligible to be reappointed upon the expiry of their term of office.
(6)
In advising the Yang di-Pertuan Agong on the appointment of the Chairman of the Advisory Board and the other members under paragraph (2)(c), the Prime Minister shall have regard to—
(a)
the person’s probity and standing;
(b)
the academic qualifications, knowledge, skill and experience of the person in banking, economic, finance, asset management, taxation, prosecution, investigation, law or other matters as the Prime Minister deems fit; and
(c)
the likelihood of any conflict between the interest of the
National Anti-Financial Crime Centre and any interest which that person has or represents.
(7)
The Advisory Board shall determine its own meeting procedure.
Revocation and resignation of members of the Advisory Board