Islamic Financial Services Act 2013 · s 127

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s 127Prudential requirements on financial holding company and subsidiaries

(1)

Subject to subsection (2), Part VI shall apply to a financial holding company as if references in that

Part to an “institution” or a “licensed person” are references to a “financial holding company”.

Islamic Financial Services 129

(2)

The Minister may, on the recommendation of the Bank, by an order published in the Gazette, provide that all or any provision of