Money Services Business Act 2011 · s 3

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s 3Functions, powers and duties of the Bank

(1)

The Bank shall have all the functions and powers conferred, and the duties imposed on it by this Act, and the same shall be in addition to those conferred or imposed under the Central Bank of

Malaysia Act 2009 [Act 701].

(2)

For the purpose of this Act, the Governor shall perform the functions of the Bank on its behalf.

(3)

The Bank may authorize an employee or an officer of the

Bank or any other person to perform any or all of the functions, exercise any of the powers or discharge any of the duties of the Bank under this Act.