Bank Simpanan Nasional Act 1974 · s 13

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13.
Common seal
(1)  The Bank shall have a common seal which shall bear such device as the Board may approve and such seal may from time to time be broken, changed, altered and made anew as the Board deems fit.

16                                            Laws of Malaysia                                 ACT 146
(2)  Until a seal is provided under this section, a stamp bearing the inscription “Bank Simpanan Nasional” or “National Savings Bank” may be used as the common seal.
(3)  All deeds, documents and other instruments requiring the seal of the
Bank shall be sealed with the seal of the Bank in the presence of the
Chairman and the Chief Executive or some other person authorized by the
Board to act in that behalf, who shall sign every such deed, document or other instrument to which the seal is affixed and the signing shall be sufficient evidence that the seal was duly and properly affixed and that the same is the lawful seal of the Bank.
(4)  Any document or instrument which if executed by a person not being a body corporate would not be required to be under seal may in like manner be executed by the Bank; and any such document or instrument may be executed on behalf of the Bank by any officer or employee of the Bank generally or specially authorized by the Board in that behalf.

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s 13Common seal

(1)

The Bank shall have a common seal which shall bear such device as the Board may approve and such seal may from time to time be broken, changed, altered and made anew as the Board deems fit.

16 Laws of Malaysia ACT 146

(2)

Until a seal is provided under this section, a stamp bearing the inscription “Bank Simpanan Nasional” or “National Savings Bank” may be used as the common seal.

(3)

All deeds, documents and other instruments requiring the seal of the

Bank shall be sealed with the seal of the Bank in the presence of the

Chairman and the Chief Executive or some other person authorized by the

Board to act in that behalf, who shall sign every such deed, document or other instrument to which the seal is affixed and the signing shall be sufficient evidence that the seal was duly and properly affixed and that the same is the lawful seal of the Bank.

(4)

Any document or instrument which if executed by a person not being a body corporate would not be required to be under seal may in like manner be executed by the Bank; and any such document or instrument may be executed on behalf of the Bank by any officer or employee of the Bank generally or specially authorized by the Board in that behalf.