Pengurusan Danaharta Nasional Berhad Act 1998 · s 20

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?Wrong or mistyped wordsWrong structure or numberingWrong title or detailsText that appears twice

What should change, and whyUp to 2,000 characters.The text as it should read (optional)Edit the text above. Up to 20,000 characters.Where you checked it (optional)A link to the official version, if you have one.

The text as we hold it

Open the official text

s 20Permitted disclosure

(1)

Any disclosure by a seller for any purpose and any disclosure by the Corporation for any purpose shall not place the seller, the Corporation or any other person in breach of section 97 of the Banking and Financial Institutions Act 1989 or any other law or agreement prohibiting, restricting or regulating the disclosure of information.

(2)

Where a seller is a person licensed under the Banking and

Financial Institutions Act 1989, such seller shall be deemed to be permitted to disclose information relating to its affairs or the affairs or the account of its customer to the Corporation.

(3)

Any information disclosed by a seller or the Corporation under subsection (1) shall not be treated as information made lawfully available to the public for the purposes of subsection 97(2) of the

Banking and Financial Institutions Act 1989.