Malaysia legislation

Section 12

of MONEY SERVICES BUSINESS (AMENDMENT) ACT 2024

Section 12

Substitution of section 92

The principal Act is amended by substituting for section 92

the following section:

“Act to be read together with Division 2 of Part XIV of the Financial Services Act 2013 and Division 2 of

Part XV of the Islamic Financial Services Act 2013

Quoted provision

Section 92

(2)

In the event of any inconsistency between the provisions of this Act and Division 2 of Part XIV of the Financial Services Act 2013 or Division 2 of Part XV of the Islamic Financial Services Act 2013, Division 2 of

Part XIV of the Financial Services Act 2013 and Division 2

of Part XV of the Islamic Financial Services Act 2013 shall prevail.”.

Amendment of Schedule