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mylaw.myby aturio
In forceUpdated to 2 Jan 2025Read it in Bahasa Malaysia
Contents

Part XII · Examination

162. Examination or assessment by auditor or actuary, etc.

(1)

The Bank may require an authorized person, operator of a designated payment system or financial holding company to appoint an auditor, actuary or any other person as may be specified by the

Bank, as the case may be, to carry out any specific examination or assessment in respect of its business or affairs as may be specified by the Bank and submit a report of such examination or assessment to the

Bank.

(2)

Where an examination or assessment is required under subsection (1), the remuneration of the person appointed under subsection (1) and other expenses related to such examination or assessment shall be borne by the authorized person, operator of a designated payment system or financial holding company.

Islamic Financial Services 157

Report

Read on from s 163

Part XIII

Directions of Compliance

Read on from Part XIII

Part XIV

Intervention and Remedial Action

Read on from Part XIV

Part XV

Other Powers of Bank

Read on from Part XV

Part XVI

Enforcement and Penalties

Read on from Part XVI

Part XVII

General Provisions

Read on from Part XVII

Part XVIII

Repeal, Savings and Transitional

Read on from Part XVIII

Schedules