Malaysia legislation
Section 77
Section 77
Section 88 of the principal Act is amended—
(a)
in subsection (1)—
(i)
by substituting for the words “this Part” the words
“this Act”; and
(ii)
by inserting after the word “person” the words
“appointed under subsection 4(3)”;
(b)
by inserting after subsection (1) the following subsection:
“(1a) An investigating officer appointed under subsection (1) shall have all the powers and functions conferred on the Bank under this Act.”;
(c)
in subsection (3), by substituting for the words “rights, protection and indemnity” the words “rights, privileges, protection, immunities and indemnities”;
(d)
by substituting for subsection (4) the following subsection:
“(4) An investigating officer, in exercising his powers and performing his functions, shall be subject to and comply with the directions, controls, instructions, conditions, restrictions or limitations as may be specified by the Bank, orally or in writing, either generally, or in any particular case or circumstance.”; and
(e)
by inserting after subsection (4) the following subsection:
“(5) An investigating officer conducting any examination of any person under this Act shall have the power to administer an oath or affirmation to the person who is being examined.”.
New section 88a