Central Bank of Malaysia Act 2009 · Updated to 1 Nov 2020 · Part II · The Bank, Its Objects and Functions
3. The Bank established under Central Bank of Malaysia Act 1958
Feedback & supportNotwithstanding the repeal of the Central Bank of Malaysia
Bank
“Bank” means Bank Negara Malaysia or in English, the “Central Bank of Malaysia”;
Act 1958 by section 99, the body corporate established under the repealed Act under the name “Bank Negara Malaysia” or, in English,
“Central Bank of Malaysia” shall continue to be in existence under and subject to the provisions of this Act.
The Bank is the same body corporate established under the repealed Act.
The Bank shall continue to have perpetual succession and a common seal and may sue and be sued in its own name.
The Bank shall have its Head Office in Kuala Lumpur and may open branches and appoint agents and correspondents in or outside
Malaysia.
The Bank may, by instrument, under its common seal, appoint a person whether in or outside Malaysia to be its attorney, and the person so appointed may, subject to the instrument, do any act or execute any power or function which he is authorized by the instrument to do or execute.