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Islamic Financial Services Act 2013 · s 97
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Islamic Financial Services Act 2013 · s 97
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
No authorized person shall—
establish or acquire a subsidiary in or outside Malaysia; or
acquire or hold any material interest in any corporation, without the prior written approval of the Bank.
The Bank may specify what constitutes “material interest” for the purposes of paragraph (1)(b).