Malaysia legislation

Section 4

of CURRENCY ACT 2020

Section 4

Powers and functions of Bank

(2)

The Governor shall exercise such powers and perform such functions of the Bank under this Act on behalf of the Bank.

(3)

The Bank may, either generally or in a particular case, appoint any person, including an officer of the Bank, whether in or outside Malaysia—

(a)

to exercise any of the powers or perform any of the functions, of the Bank, under this Act on behalf of and in the name of the Bank; or

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(b)

to render such assistance in the exercise of any of the powers or performance of any of the functions, of the

Bank, under this Act.