Malaysia legislation

Section 14C

of *BANK SIMPANAN NASIONAL ACT 1974

Section 14C

(a)

the Chairman, who shall be the chairman of the Disciplinary

Appeal Board and shall have the casting vote; and

(b)

two other members who may consist of the members of the

Board of Director, officers or any combination of the members of the Board of Directors and officers who shall be appointed

Bank Simpanan Nasional 19

by the chairman of the Disciplinary Appeal Board for the purpose of the appeal provided that—

(i)

the members of the Board of Directors or officers are not members of the disciplinary committee whose decision is the subject matter of the appeal; and

(ii)

the officers shall not be lower in rank than the officer who made the appeal.

(2)

When the Disciplinary Appeal Board considers an appeal, a member of the disciplinary committee against whose decision the appeal is made shall not be present or in any way participate in any proceedings relating to that appeal.

(3)

The Disciplinary Appeal Board may confirm, reverse or vary the decision of the disciplinary committee.

Surcharge