Malaysia legislation
Section 32
Section 32
(2)
Without prejudice to the generality of subsection (1), regulations under that subsection may be made for—
(a)
prescribing the manner in which documents, cheques and instruments of any description shall be signed or executed on behalf of the Lembaga;
(b)
prescribing the responsibilities and control of officers and servants of the Lembaga;
Act 203
(c)
imposing fees in such cases as may be determined by the
Lembaga;
(d)
providing for such matters in connection with shares, stock, bonds, debentures or debenture stock issued under this Act as may appear necessary or expedient to the
Lembaga, and, in particular, for regulating the method of issue, transfer, redemption or other dealing with such shares, stock, bonds, debentures or debenture stock;
(e)
prescribing the manner in which and the terms and conditions on which loans may be granted by the Lembaga under section 27; and
(f)
providing generally for the exercise of the powers and the discharge of the duties of the Lembaga under this
Act.
(3)
Such regulations—
(a)
may provide that any act or omission in contravention of any provision thereof shall be an offence; and
(b)
may provide for the imposition of penalties for such offences which shall not exceed one thousand ringgit.
Power to amend Schedules 32a. The Lembaga may, with the approval of the Minister, amend any Schedule by order published in the Gazette.
Things done in anticipation of this Act