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Section 52

Qualifications of Independent Advisor

of Pengurusan Danaharta Nasional Berhad Act 1998

ActIn forceProvision 58 of 113
Section 52

No person shall be appointed as an Independent Advisor unless —

Pengurusan Danaharta Nasional Berhad 59

(a)

the person has consented in writing to the appointment and has not withdrawn its consent as at the date of its appointment; and

(b)

the person is —

(i)

a merchant bank;

(ii)

a firm of accountants; or

(iii)

a person (other than a natural person) who, in the opinion of the Corporation, has the requisite experience or is capable of performing the duties of an Independent Advisor.