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Money Services Business Act 2011 · s 54

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s 54Powers of investigating officer

(1)

An investigating officer appointed under section 53 shall have all the powers, functions and duties conferred on an investigating officer under this Part, and where such investigating officer is not an officer or employee of the Bank, he shall, in relation to such powers, functions and duties—

(a)

be subject to; and

Money Services Business 55

(b)

enjoy such rights, privileges, protection, immunities and indemnities as may be specified in, the provisions of this Act, the Central Bank of Malaysia Act 2009 or any other written law applicable to an officer or employee of the

Bank as if he was an officer or employee of the Bank.

(2)

An investigating officer shall be subject to the direction and control of the Governor, or of such other officer of the Bank as may be authorized by the Governor to act on his behalf, and of any investigating officer superior to him in rank, and shall exercise his powers, perform his functions, and discharge his duties referred to in subsection (1) in compliance with such directions, instructions, conditions, restrictions or limitations as the Governor, or an officer of the Bank authorized to act on his behalf, or an investigating officer superior in rank, may specify orally or in writing, either generally or in any particular case or circumstance.

(3)

The Governor, or any officer of the Bank authorized by the

Governor to act on his behalf, shall have all the powers, functions and duties of an investigating officer.

(4)

An investigating officer conducting any examination of any person under this Part shall have the power to administer an oath or affirmation to the person who is being examined.