Malaysia legislation
Section 8
Section 8
Paragraph 10(2)(a) of the principal Act is amended—
(a)
by substituting for subparagraph (ii) the following subparagraph:
“(ii) any licensed bank or licensed investment bank under the Financial Services Act 2013 [Act 758];”;
(b)
by deleting the word “or” at the end of subparagraph (ii);
and
(c)
by inserting after subparagraph (ii) the following subparagraphs:
“(iia) any licensed Islamic bank under the Islamic
Financial Services Act 2013 [Act 759];
(iib) any prescribed institution under the Development
Financial Institutions Act 2002 [Act 618]; or”.
Amendment of section 11