Section 7

securities of the Bank may be assigned under section 5

to any nominee of the Minister appointed for the purposes of that section or to any person entitled to require the issue of the securities following their initial allotment to any such nominee; and

any such nominee appointed for the purposes of section 6 may acquire securities or rights in accordance with that section.

21

Bank Simpanan Nasional Berhad

Any person holding any securities or rights as a nominee of the Minister by virtue of subsection (1) shall hold and deal with them on such terms and in such manner as the Minister may direct.