Malaysia legislation
Section 5
Section 5
(a)
the Secretary
General of the Treasury or his representative;
(b)
the Governor of the Central Bank or his representative;
(c)
the Chairman of the Securities Commission or his representative;
Financial Reporting 9
(ca) the Chairman of the Audit Oversight Board or his representative;
(d)
the Registrar of Companies or his representative;
(e)
the Chief Executive Officer of Bursa Malaysia Berhad or his representative;
(f)
the President of the Malaysian Institute of Accountants or his representative who shall be a council member of the
Malaysian Institute of Accountants;
(g)
the Chairman of the Board;
(h)
four other members who possess knowledge and experience in matters of financial accounting and in one or more of the following fields:
(i)
accountancy;
(ii)
law;
(iii)
business; or
(iv)
finance.
(2)
The Minister shall appoint a Chairman of the Foundation from amongst the persons referred to in subsection (1).
Meetings of the Foundation