Malaysia legislation
Section 33
Section 33
Amendment of section 35
(a)
by substituting for subsection (1) the following subsection:
“(1) A 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 Minister.”;
(b)
by deleting subsections (2) and (3);
(c)
by substituting for subsection (4) the following subsection:
“(4) Notwithstanding subsection (1), a prescribed institution shall submit to the Bank any additional funding requirement for its own account, an existing trust fund or a new trust fund as may be approved by the Minister.”; and
(d)
by deleting subsections (5) and (6).
Development Financial Institutions (Amendment)
33
Amendment of section 36