Bank Simpanan Nasional Act 1974 · s 3

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s 3Establishment and incorporation

There is hereby established a savings bank by the name of “Bank

Simpanan Nasional”, or in English, the “National Savings Bank”, which

Bank Simpanan Nasional 9

shall be a body corporate with perpetual succession and with power to enter into contracts, to acquire, hold, dispose of or otherwise deal in movable and immovable property and to sue and be sued in its own name.