Malaysia legislation
Section 424d
Section 424d
For the purposes of sections 424a, 424b and 424c—
(a)
“financial institution” means—
(i)
a licensed bank under the Financial Services
Act 2013 [Act 758];
Penal Code (Amendment)
(ii)
a l i c e n s e d I s l a m i c b a n k u n d e r the Islamic Financial Services Act 2013
[Act 759]; and
(iii)
a p r e s c r i b e d i n s t i t u t i o n u n d e r the Development Financial Institutions
Act 2002 [Act 618]; and
(b)
“payment instrument” means—
(i)
a prescribed designated payment instrument under the Financial Services Act 2013;
and
(ii)
a prescribed designated Islamic payment instrument under the Islamic Financial
Services Act 2013.”.