Malaysia legislation

Section 114

of BANKING AND FINANCIAL INSTITUTIONS ACT 1989

Section 114

(a)

the Government of Malaysia or a State Government;

(b)

the Bank;

(c)

any officer or employee of any such Government or of the Bank, either personally or in his official capacity; or

(d)

any person lawfully acting on behalf of any such Government, or on behalf of the Bank, or on behalf of any such officer or employee, either personally or in his capacity as a person acting on such behalf, for or on account of, or in respect of, any act done or statement made or omitted to be done or made, or purporting to be done or made or omitted to be done or made, in pursuance or in execution of, or intended pursuance or execution of, this Act, or any order in writing, direction, instruction, notice or other thing whatsoever issued under this Act:

Provided that such act or such statement was done or made, or was omitted to be done or made, in good faith.

(2)

For the purposes of this section—

(a)

any member of the administration of the Government of Malaysia or a State Government shall be deemed to be an officer of the respective Government; and

(b)

the Governor, Deputy Governor, any director of the Bank, any member of the Advisory Panel, any person appointed by the Bank pursuant to section 3 (3) or section 73 (1) (E) or (2) (a), and any receiver or manager appointed by the High Court pursuant to section 73 (2) (b), shall be deemed to be an officer of the Bank.

(3)

In subsection (2) "member of the administration" has the meaning assigned to it in Article 160 (2) of the Federal Constitution.