Malaysia legislation
Section 66C
Section 66C
(2)
Where an order under subsection (1) makes provision to the effect that there are reasonable grounds to believe that an entity designated by the Security Council of the United Nations is engaged in terrorist acts, the order under subsection (1) shall be deemed, with effect from the date of the order, to be an order declaring that entity to be a specified entity under subsection 66B(1).
(3)
An order under subsection (1) shall not apply to funds and other financial assets or economic resources or any part of such funds, assets
104 Laws of Malaysia or resources that have been determined by the Minister of Home
Affairs to be—
(a)
necessary for basic expenses, including payments for foodstuffs, rent or mortgage, medicines and medical treatment, taxes, insurance premiums, and public utility charges, or exclusively for payment of reasonable professional fees and reimbursement of incurred expenses associated with the provision of legal services, or fees or service charges for routine holding or maintenance of frozen funds or other financial assets or economic resources; or
(b)
necessary for extraordinary expenses approved by the
Minister of Home Affairs, and where such order has been made in relation to such funds, financial assets or economic resources or any part of the funds, assets or resources, the Minister of Home Affairs may, subject to such terms and conditions as he considers appropriate, vary such order and authorize access to such funds, assets or resources.
Minister’s power to obtain information