Development Financial Institutions Act 2002 · Updated to 6 Oct 2023 · Part IV · Obligations and Sourcing of Funds
35. Annual funding
Feedback & supportA prescribed institution shall, for each financial year, submit to the Bank, within such period and in such form as the Bank may specify, an annual funding requirement as may be approved by the
prescribed institution
“prescribed institution” means a development financial institution which is prescribed by the Minister under subsection 2(1);
Minister.
Minister
“Minister” means the Minister for the time being charged with the responsibility for finance;
(Deleted by Act A1502).
(Deleted by Act A1502).
Notwithstanding subsection (1), a prescribed institution shall submit to the Bank any additional funding requirement for its own
Bank
“Bank” means the Central Bank of Malaysia established under the *Central Bank of Malaysia Act 2009;
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development
“development” includes the commencement of any new industrial, agricultural, commercial or other economic venture or the expansion or improvement of any such existing venture;
account, an existing trust fund or a new trust fund as may be approved by the Minister.
(Deleted by Act A1502).
(Deleted by Act A1502).