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mylaw.myby aturio
In forceUpdated to 1 Feb 2013Read it in Bahasa Malaysia
Contents

Part V · Acquisition and Disposition by the Corporation

20. Permitted 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.

Report

Part VI

Management of Assets and Liabilities

Read on from Part VI

Part VII

Additional Rights

Read on from Part VII

Part VIII

Application of Other Acts

Read on from Part VIII

Part IX

Application of the Act

Read on from Part IX

Part X

General

Read on from Part X

Schedules