Banking and Financial Institutions Act 1989 · s 26

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s 26

(1)

No person shall, without the written consent of the Bank, make an unsolicited call to—

(a)

solicit or procure the making of a deposit; or

(b)

enter into or offer to enter into any agreement with a view to the acceptance of a deposit, from any person in Malaysia or outside Malaysia.

(2)

The Bank's consent under subsection (1) may be given to such person, or such classes, categories or descriptions of persons, and be made subject to such terms and conditions, including a condition requiring the disclosure of such information to the persons on whom unsolicited calls are made, as may be set out in the consent.

(3)

In this section, "unsolicited call" means a personal visit or oral communication made without express invitation.