Development Financial Institutions Act 2002 · Updated to 6 Oct 2023 · Part III · Restrictions on Business
33L. Qualified privilege and duty of confidentiality
Feedback & supportA member of a Shariah committee shall not be liable—
member
“member”, in relation to an institution which is— (a) a corporation, means a shareholder; and (b) a partnership, means a partner;
for a breach of a duty of confidentiality between such member and the prescribed institution in respect of—
prescribed institution
“prescribed institution” means a development financial institution which is prescribed by the Minister under subsection 2(1);
any reporting to the Bank; or
Bank
“Bank” means the Central Bank of Malaysia established under the *Central Bank of Malaysia Act 2009;
the carrying out of his functions and duties, pursuant to any standards specified by the Bank under subsection 33E(2) which was done or made in good faith;
or
to be sued in any court for defamation in respect of any statement made by the member without malice in the carrying out of his functions and duties under this Act.