Malaysia legislation
Section 15
of Statutory Bodies (Conduct and Discipline) Ordinance, 2004
Section 15
Power to exempt or vary
(2)
The power conferred in subsection (1) shall be exercised only for the purpose of adapting the Regulations or the Third Schedule to the organizational or management structure of the statutory body as provided in its incorporating law.
(3)
The Chief Minister may, by direction published in the
Gazette, exempt any company which is wholly owned by a statutory body or which is a subsidiary thereof, from the Regulations and the
Third Schedule.