Malaysia legislation

Section 102

of *DEVELOPMENT FINANCIAL INSTITUTIONS ACT 2002

Section 102

Report to Minister

(2)

The State Authority, in the case of—

(a)

a development financial institution which is a statutory body established by State law or by any subsidiary legislation made under any State law; or

(b)

any other development financial institution which falls under the responsibility, powers, control or jurisdiction of the State Authority, may submit a report to the Minister with a recommendation to examine the business and affairs of the development financial institution under sections 84 to 86.

Development Financial Institutions 117

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