Malaysia legislation
Section 4
Section 4
The principal Act is amended in Part I, by inserting before section 5 the following section:
“Registrar of Unclaimed Moneys, etc.
4 a. (1) The Minister may appoint any officer in the Government service to be the Registrar of Unclaimed Moneys to carry out the duties and functions specified in this Act.
(2)
The Minister may appoint one or more officers in the Government service to be the Deputy Registrars of Unclaimed Moneys and Assistant Registrars of
Unclaimed Moneys for the purposes of this Act.
(3)
Subject to the general direction and control of the Registrar and to such restrictions and limitations as may be prescribed under this Act or authorized or required to be done or signed by the Registrar may be done or signed by any Deputy Registrar or Assistant Registrar and shall be as valid and effectual as if done or signed by the Registrar.
(4)
No person dealing with any Deputy Registrar or
Assistant Registrar shall be concerned to see or inquire whether any restrictions or limitations have been prescribed, and every act or omission of a Deputy Registrar or
Assistant Registrar so far as it effects any such person shall be as valid and effectual as if done or omitted by the Registrar.”.
Amendment of section 5