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Section 4

Functions of the Bank —

of Act 627

ActRepealedProvision 4 of 73
Section 4
(1)

The Bank shall have all the functions and powers conferred on it by this Act and such functions and powers shall be in addition to those conferred under the Central Bank of Malaysia Act 1958

and the Governor shall perform the functions of the Bank on its behalf.

(2)

The Bank may authorize any of its officers to perform any of its functions under this Act.

(3)

The Bank may, either generally or in a particular case, -

appoint a person who is not an officer of the Bank to perform any or all of its functions or render such assistance in the performance of its functions under this Act as the Bank may specify.

14 Laws of Malaysia AcT 627