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Section 78

Action in relation to annual accounts

of Development Financial Institutions Act 2002

ActIn forceProvision 94 of 248
Section 78
(1)

A prescribed institution shall, within fourteen days ***of the laying of its accounts at its annual general meeting, or within such further period as the Bank may approve—

*NOTE—For application to Bank Simpanan Nasional–see subsubparagraph 2(a)(i) of the Development

Financial Institutions (Bank Simpanan Nasional) (Modification) Order 2004 [P.U. (A) 147/2004] which comes into operation on 15 February 2002.

**NOTE—For application to Bank Simpanan Nasional–see subsubparagraph 2(a)(ii) of the Development

Financial Institutions (Bank Simpanan Nasional) (Modification) Order 2004 [P.U. (A) 147/2004] which comes into operation on 15 February 2002.

***NOTE—For application to Bank Simpanan Nasional–see subsubparagraph 2(b)(i) of the Development

Financial Institutions (Bank Simpanan Nasional) (Modification) Order 2004 [P.U. (A) 147/2004] which comes into operation on 15 February 2002.

Development Financial Institutions 95

(a)

publish in not less than two daily newspapers published in

Malaysia and approved by the Bank, one in the national language and another in English language; and

(b)

exhibit in a conspicuous position at each of its branches in

Malaysia, a copy each of the reports of the board of directors, its revenue account, profit and loss account and balance sheet *as laid before its general meeting and such other document as the Bank may specify.

(2)

(Deleted by Act A1502).