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Section 39

Revocation of certificate of finality

of Financial Services Act 2013

ActIn forceProvision 39 of 124
Section 39

The Bank may, with the concurrence of the Minister, by an order published in the Gazette, revoke a certificate of finality if the Bank is of the opinion that—

(a)

any of the criteria specified in section 38 is no longer met; or

78 Laws of Malaysia

(b)

the operator of the certified designated payment system has breached or contravened any provision of this Act.