Money Services Business Act 2011 · Updated to 1 Oct 2015 · Part III
24. Name to be affixed outside office
Official textFrom Laws of Malaysia Online, unchanged
A licensee shall at all times affix or paint, conspicuously and legibly, on the outside of each of its offices—
its name; and
in the case of a licensee who carries on money services business, in the national language the words “Perniagaan
Perkhidmatan Wang Berlesen”; or
in the case of a licensee who carries on money-changing business, remittance business or wholesale currency business as a sole purpose business under section 19, in the national language the words “Pengurup Wang”,
“Pengirim Wang” or “Peniaga Mata Wang Borong”, as the case may be.
A licensee shall display its name and the nature of its business in accordance with subsection (1) for any dealing carried out through any electronic means or mobile services.
Money Services Business 31
money
“fund” or “money” includes any unit of account or unit of value that facilitates the purchase of goods or services;
A licensee who contravenes subsection (1) or (2) commits an offence.
Terms defined in s 2
money
Defined · s 2“fund” or “money” includes any unit of account or unit of value that facilitates the purchase of goods or services;
Part IV
Remittance Business
Part V
Money Services Business Agents
Part VI
Examination
Part VII
Investigation and Enforcement
Part VIII
Other Powers of the Bank
Part IX
Miscellaneous
Part X