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Contents

Part V · Subsidiaries and Offices of Licensed Institutions

Section 29

No licensed institution shall—

(a)

if it is a licensed local institution, establish or acquire any subsidiary in or outside Malaysia; or

(b)

if it is a licensed foreign bank, establish or acquire any subsidiary in Malaysia, without the prior written consent of the Bank.

Report

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

General Provisions

Part XVI

Schedules