Malaysia legislation
Section 56
of SARAWAK SOVEREIGN WEALTH FUTURE FUND BOARD ORDINANCE, 2022
Section 56
Public Authorities Protection Act 1948
The Public Authorities Protection Act 1948 [Act 198] shall apply to any action, suit, prosecution, or proceedings against the
Board or against any Guardians, Chief Executive Officer, officer, employee or agent of the Board or any member of the Investment
Advisory Panel or any committee members in respect of any act, neglect or default done or committed by him in such capacity.
Obligation of Secrecy 57.―(1)
Except for the purpose of this Ordinance or of any criminal proceedings under this Ordinance, no Guardians, Chief
Executive Officer, officer or employee and agent of the Board or any member of the Investment Advisory Panel or any committee members shall disclose any information which has been obtained by him in the course of his duties and which has not been published in pursuance to this Ordinance, save and except when disclosure is authorized by direction given by the Majlis Mesyuarat Kerajaan Negeri.
(2)
Any person contravening the provisions of subsection (1)
shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding fifty thousand ringgit or imprisonment for a term not exceeding three years, or to both.
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