37. Detention of currency suspected to be counterfeit

Terms defined in s 2

• Bank

  Bank

  Defined · s 2

  “Bank” has the same meaning assigned to it in subsection 2(1) of the Central Bank of Malaysia Act 2009;

  Open s 2
• currency coin

  currency coin

  Defined · s 2

  “currency coin” means a coin issued by the Bank including a commemorative coin issued by the Bank for, or to commemorate, a particular event or purpose;

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• currency note

  currency note

  Defined · s 2

  “currency note” means a note issued by the Bank including a commemorative note issued by the Bank for, or to commemorate, a particular event or purpose; Currency 9

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• 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;

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• registered currency processor

  registered currency processor

  Defined · s 2

  “registered currency processor” means a person registered under subsection 26(1) to carry on a currency processing business and for the purpose of Division 3 of Part IV includes any financial institution carrying on currency processing activities;

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