33G. Appointment of Shariah committee member

Terms defined in s 3

• Bank

  Bank

  Defined · s 3

  “Bank” means the Central Bank of Malaysia established under the *Central Bank of Malaysia Act 2009;

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• member

  member

  Defined · s 3

  “member”, in relation to an institution which is— (a) a corporation, means a shareholder; and (b) a partnership, means a partner;

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• person

  person

  Defined · s 3

  “person” includes an individual, any corporation, statutory body, local authority, society, trade union, co-operative society, partnership and any other body, organization, association or group of persons, whether corporate or unincorporate;

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• Shariah committee

  Shariah committee

  Defined · s 3

  “Shariah committee” means the Shariah committee established under section 33F;

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• standards

  standards

  Defined · s 3

  “standards” includes any obligation or requirement as specified by the Bank under this Act and such standards may contain any interpretative, incidental, supplemental, consequential and transitional provisions; *NOTE—The Companies Act 1965 has been repealed by the Companies Act 2016 which comes into operation on 31 January 2017–see subsection 620(1)…

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