Bank Simpanan Nasional Act 1974 · Updated to 1 Dec 2011 · Part III · Constitution of the Bank
13. Common seal
Official textFrom Laws of Malaysia Online, unchanged
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.
Bank
“Bank” means the Bank Simpanan Nasional established under section 3; ______________________________________________________________ *NOTE—This Act will be repealed by Bank Simpanan Nasional Berhad Act 1997 when…
16 Laws of Malaysia ACT 146
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.
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.
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.
Terms defined in s 2
Bank
Defined · s 2“Bank” means the Bank Simpanan Nasional established under section 3; ______________________________________________________________ *NOTE—This Act will be repealed by Bank Simpanan Nasional Berhad Act 1997 when…
Chief Executive
Defined · s 2“Chief Executive” means the Chief Executive appointed under section 9 and includes any person appointed to act as the Chief Executive;
Part IV
Officers and Employees of the Bank
Part V
Provisions Relating to the Carrying on of Business of the Bank
Part VI
Financial Provisions
Part VII
General
Part VIII