Central Bank of Malaysia Act 2009 · Updated to 1 Nov 2020 · Part XI · Other Powers of the Bank
74. Acquisition of immovable property
Feedback & supportThe Bank may purchase, acquire or lease immovable property—
Bank
Defined · s 2
“Bank” means Bank Negara Malaysia or in English, the “Central Bank of Malaysia”;
(a)
for the purposes of carrying out its functions or conducting its business or affairs in accordance with the Shariah pursuant to section 73;
(b)
for the provision or future provision of—
(i)
business premises for the Bank and its agencies and any clearing houses established pursuant to section 46;
(ii)
residences for the Governor, Deputy Governors, officers and employees; and
(iii)
amenities for the promotion of the welfare of officers and employees; or
(c)
as may be provided in any provision of this Act.