Malaysia legislation
Section 4
Section 4
Section 4 of the principal Act is amended—
(a)
in subsection (2), by inserting after the word “authorize”
the words “a Deputy Governor or”;
(b)
by inserting after subsection (2) the following subsection:
“(2a) The Bank may establish and authorize a committee consisting of members as the Bank may determine to perform any or all of its functions under this Act on behalf of and in the name of the Bank.”;
and
(c)
in subsection (3), by inserting after the words “any or all of its functions” the words “on behalf of and in the name of the Bank”.
Substitution of section 5