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Section 34

of Consumer Credit Act 2025

ActIn forceProvision 34 of 34

Section 34

(1)

A Regulatory and Supervisory Authority referred to in this Act shall consist of any of the following body:

(a)

the Commission;

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(b)

the Central Bank of Malaysia;

(c)

the Securities Commission Malaysia;

(d)

the Ministry of Domestic Trade and Cost of Living;

(e)

the Ministry of Housing and Local Government; and

(f)

the Malaysia Co-operative Societies Commission.

(2)

A Regulatory and Supervisory Authority shall have all the functions to regulate and supervise the following persons which are regulated by the Regulatory and Supervisory Authority:

(a)

credit providers carrying on credit business as set out in