3. Person declared as financial institution

Terms defined in s 2

• financial institution

  financial institution

  Defined · s 2

  “financial institution” means— (a) a licensed bank under the Financial Services Act 2013, a licensed Islamic bank under the Islamic Financial Services Act 2013 and a prescribed institution under the Development Financial Institutions Act 2002; or (b) any person declared as a financial institution in the First Schedule;

  Open s 2
• person

  person

  Defined · s 2

  “person” means any natural person, corporation, statutory body, local authority, society, trade union, co-operative society, partnership or any other body, organisation, association or group of persons, whether corporate or unincorporated and includes the Government and any State Government;

  Open s 2