66E. Directions, etc., to discharge Government’s international obligations

For the purposes of this Part, the competent authority or the regulatory or supervisory authority, as the case may be, may issue any directions, instruction, guideline, circular, standard, notice, specification or requirement to, or impose any condition on, the institutions under their regulation or supervision as the competent authority or the regulatory or supervisory authority considers necessary in order to discharge or facilitate the discharge of any obligation binding on Malaysia by virtue of a decision of the Security

An institution to which a directions, instruction, guideline, circular, standard, notice, specification or requirement is issued, or a condition is imposed under subsection (1) shall comply with the directions, instruction, guideline, circular, standard, notice, specification, requirement or condition notwithstanding any other duty imposed on the institution by any rule of law, written law or contract.

An institution shall not, in carrying out any act in compliance with any directions, instruction, guideline, circular, standard, notice, specification or requirement issued, or any condition imposed under subsection (1), be treated as being in breach of any such rule of law, written law or contract.

An institution shall not disclose any directions, instruction, guideline, circular, standard, notice, specification or requirement issued, or any condition imposed under subsection (1) if the competent authority or the regulatory or supervisory authority, as the case may be, notify the institution that the competent authority or the regulatory or supervisory authority is of the opinion that such disclosure is against public interest.

Any institution that—

The competent authority or the regulatory or supervisory authority, as the case may be, shall report to the Minister of Home