Section 36
Power of Bank to inspect
of Financial Services Act 2013
ActIn forceProvision 36 of 124
Section 36
The Bank may, in considering whether—
(a)
to designate or recommend to the Minister to designate a payment system under section 30;
(b)
to designate a payment instrument under section 31;
76 Laws of Malaysia
(c)
to recommend to the Minister to include an operation of a payment system into Division 1 of Part 1 of Schedule 1 under section 264; or
(d)
to recommend to the Minister to include an operation of a payment system into Part 2 of Schedule 1 under section 264, inspect the premises, apparatus, equipment, machinery, documents and transactions relating to the payment system or payment instrument, upon giving a written notice to the operator or issuer.