Banking and Financial Institutions Act 1989 · As enacted · Part II
Section 16
Official textFrom Laws of Malaysia Online, unchanged
Every licensed institution shall at all times affix or paint, and keep affixed or painted, on the outside of each of its offices in a prominent position and easily legible in the national language, in such manner as may be approved by the Bank, its name and the words "licensed bank", "licensed finance company", "licensed merchant bank", "licensed discount house", "licensed money-broker" or "licensed foreign exchange broker", as the case may be, or such other words as clearly indicate the business for which it is licensed.
licensed institution
"licensed institution" means any institution licensed or deemed to be licensed under section 6 (4);
Terms defined in s 2
licensed bank
Defined · s 2"licensed bank" means a bank licensed or deemed to be licensed under section 6 (4);
licensed discount house
Defined · s 2"licensed discount house" means a discount house licensed under section 6 (4);
licensed finance company
Defined · s 2"licensed finance company" means a finance company licensed or deemed to be licensed under section 6 (4);
licensed institution
Defined · s 2"licensed institution" means any institution licensed or deemed to be licensed under section 6 (4);
licensed merchant bank
Defined · s 2"licensed merchant bank" means a merchant bank licensed or deemed to be licensed under section 6 (4);
licensed money-broker
Defined · s 2"licensed money-broker" means a money-broker licensed under section 6 (4);
Part III
Scheduled Businesses and Representative Offices
Part IV
Restrictions Relating to Acceptance and Solicitation of, Advertisement for, and Inducement to Make, Deposits
Part V
Subsidiaries and Offices of Licensed Institutions
Part VI
Restrictions on Dealings of Licensed Institutions
Part VII
Financial Requirements and Duties of Licensed Institutions
Part VIII
Ownership, Control and Management of Licensed Institutions
Part IX
Restrictions on Business of Licensed Institutions
Part X
Powers of Supervision and Control Over Licensed Institutions
Part XI
Investigation, Search and Seizure
Part XII
Application of Parts X and XI to Non-Scheduled Institutions Engaged in Provision of Finance
Part XIII
Information and Secrecy
Part XIV
Offences
Part XV