Malaysia legislation
Section 34
Section 34
Section 31c of the principal Act is amended—
(a)
in subsection (1), by inserting after the words “section 31b” the words “relating to audit oversight”;
(b)
in subsection (2), by substituting for the word “Commission”
the word “Board”;
(c)
in subsection (3)—
(i)
by substituting for the word “Commission” the word “Board”; and
(ii)
in paragraph (c), by inserting after the words
“public interest entities” the words “or schedule funds”; and
(d)
in subsection (4)—
(i)
by deleting the words “shall serve on a full-time basis and” after the words “executive chairman”;
and
(ii)
in paragraph (b), by inserting after the words
“public interest entity” the words “or schedule fund”.
Securities Commission (Amendment)
25
Amendment of section 31d