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Islamic Financial Services Act 2013 · s 103

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s 103Power of Bank to specify standards on shareholder suitability

(1)

The Bank may specify standards on shareholder suitability to give full effect to Schedule 6.

(2)

Any person who has obtained the approval of the Bank in under paragraph 102(3)(a) or the Minister under subsection 102(6) in respect of subsection 99(2) or 100(1), shall at all times comply with the standards as may be specified under subsection (1) to the satisfaction of the Bank.