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In forceUpdated to 2 Jan 2025Read it in Bahasa Malaysia
Contents

Part XIII · Directions of Compliance

169. General provisions dealing with directions

(1)

The direction issued under section 168 shall specify—

(a)

the grounds on which the Bank proposes to issue the direction; and

(b)

the time by which, or period during which, the direction is to be complied with.

(2)

The Bank may at any time—

(a)

amend or revoke a direction; or

(b)

replace a direction with another direction.

(3)

Any direction issued under section 168 shall not affect the enforcement by the parties of their rights under a qualified financial agreement.

Report

Part XIV

Intervention and Remedial Action

Part XV

Other Powers of Bank

Part XVI

Enforcement and Penalties

Part XVII

General Provisions

Part XVIII

Repeal, Savings and Transitional

Schedules