Money Services Business Act 2011 · Updated to 1 Oct 2015 · Part VI · Examination
48. Examination of licensee, etc.
Official textFrom Laws of Malaysia Online, unchanged
An examiner authorized in writing by the Bank shall examine, without any prior written notice, the properties, documents, information, remittance system or transactions of—
Money Services Business 51
money
“fund” or “money” includes any unit of account or unit of value that facilitates the purchase of goods or services;
a licensee or its money services business agent or any of its offices; or
money services business agent
“money services business agent” means a person— (a) appointed by a licensee in accordance with section 43 to carry on money services business on behalf of the licensee; and (b) registered by the Bank as a money services business agent under section 44; *NOTE—The Act was repealed by the Financial Services Act 2013 –see section 271…
a money services business agent or any of its offices.
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;
money services business agent
Defined · s 2“money services business agent” means a person— (a) appointed by a licensee in accordance with section 43 to carry on money services business on behalf of the licensee; and (b) registered by the Bank as a money services business agent under section 44; *NOTE—The Act was repealed by the Financial Services Act 2013 –see section 271…
Part VII
Investigation and Enforcement
Part VIII
Other Powers of the Bank
Part IX
Miscellaneous
Part X