Malaysia legislation

Section 2

of MALAYSIA CO-OPERATIVE SOCIETIES COMMISSION (AMENDMENT) ACT 2023

Section 2

The Malaysia Co-operative Societies Commission Act 2007

[Act 665], which is referred to as the “principal Act” in this Act, is amended in section 2—

(a)

by inserting after the definition of “credit facility”

the following definition:

‘ “Chief Executive Officer” means the Chief

Executive Officer of the Commission appointed under section 11a;’;

MALAYSIA CO-OPERATIVE SOCIETIES COMMISSION

(AMENDMENT) ACT 2023

(b)

by inserting after the definition of “director” the following definition:

‘ “Chairman” means the Chairman of the Board appointed under paragraph 11(3)(a);’;

(c)

in the definition of “appointed date”, by substituting for the full stop at the end of the definition a semicolon; and

(d)

by inserting after the definition of “appointed date”

the following definition:

‘ “Deputy Chief Executive Officer” means the

Deputy Chief Executive Officer appointed under section 11a;’.

Amendment of section 6

Section 2 — AKTA SURUHANJAYA KOPERASI MALAYSIA (PINDAAN) 2023