Malaysia legislation

Section 8

of DEVELOPMENT FINANCIAL INSTITUTIONS (AMENDMENT) ACT 2015

Section 8

“Appointment of Chief Executive Officer and directors

The principal Act is amended by inserting after section 6 the following section:

“Compliance with criteria in First Schedule 6a.  A chairman, director, Chief Executive Officer or senior officer of a prescribed institution shall at all times comply with the criteria set out in the First Schedule.”.