Malaysia legislation

Section 20

of FINANCE ACT 2017

Section 20

Amendment of section 109c

Subsection 109C(4) of the principal Act is amended by substituting for the words “finance company licensed under the

Banking and Financial Institutions Act 1989 [Act 372] or the

Islamic Banking Act 1983 [Act 276]” the words “Islamic bank licensed under the Financial Services Act 2013 or the Islamic

Financial Services Act 2013, as the case may be”.