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

Part III · Authorization

23. Fees

(1)

Regulations may be made under section 271 to prescribe—

(a)

any fee to be paid by an authorized person in respect of its authorization, establishment of any office or the annual fee; and

(b)

a processing fee to be paid by an applicant for authorization under section 9, of such amount, or calculated at such rate or in such manner as set out in the regulations.

(2)

Any fee paid to the Bank under this section shall be paid into and form part of the Federal Consolidated Fund.

(3)

Any unpaid fees may be sued for and recovered as a civil debt due to the Government and in addition, the court may order for a late payment charge to be awarded to the Government in accordance with the rules of the court and the Government shall deal with the late payment charge awarded as provided in such rules.

66

Report

Read on from s 24

Part IV

Shariah Requirements

Read on from Part IV

Part V

Payment Systems

Read on from Part V

Part VI

Prudential Requirements

Read on from Part VI

Part VII

Ownership, Control and Transfer of Business

Read on from Part VII

Part VIII

Financial Groups

Read on from Part VIII

Part VI

Part VI—

Read on from Part VI

Part IX

Business Conduct and Consumer Protection

Read on from Part IX

Part X

Islamic Money Market and Islamic Foreign Exchange Market

Read on from Part X

Part XI

Submission of Document or Information

Read on from Part XI

Part XII

Examination

Read on from Part XII

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