Section 42
Continuance of Bank Negara Malaysia’s duties and responsibilities
of National Trust Fund Act 2026
ActIn forceProvision 42 of 44
Section 42
(1)
Subject to this Act, Bank Negara Malaysia shall, on the date of the coming into operation of this Act, continue to discharge its duties and responsibilities under the repealed Act for such period as may be determined by the Minister, on the recommendation of the Board.
(2)
Any delegation of powers or duties to Bank Negara
Malaysia under the repealed Act shall, on the date of the coming into operation of this Act, continue to be valid until revoked by the Minister, on the recommendation of the Board.
Act 885