Securities Commission Act 1993 · Updated to 1 Mar 2016 · Part II · Securities Commission Malaysia
18A. Procedures of Board committee
Feedback & supportThe Board committee may elect any of its members to be the chairman and may regulate its own procedure and, in the exercise of its powers under this subsection, such committee shall be subject to and act in accordance with any direction given to the Board committee by the Board.
Board committee
“Board committee” means any committee established by the Board under section 18;
Meetings of the Board committee established under section 18
shall be held at such time, place and in such manner as the chairman of the Board committee may, subject to subsection (1), determine.
Chairman
“Chairman” means the Chairman of the Commission appointed under paragraph 4(2)(a);
The Board committee may invite any person to attend any meeting of the Board committee for the purpose of advising the
Board committee on any matter under discussion but the person so invited shall not be entitled to vote at any such meeting.
The members of the Board committee or any person invited to attend any meeting of the Board committee may be paid such allowances and other expenses as the Board may determine.