Section 1A

any licensed bank, licensed merchant bank, licensed finance company, or licensed discount house, as those terms are defined in the Banking and Financial Institutions Act 1989

[Act 372];

6 Laws of Malaysia Act 188

any State Government;

any statutory body; or

any fund, scheme, organization, body corporate or unincorporate, or any other person, as may be specified in writing by the Minister of Finance;

“participating investing institution” means a financial institution authorized by the Bank under subsection 7(1);

“primary investing institution” means a participating investing institution appointed by the Bank under subsection 7(2);

“statutory acknowledgement receipt” means an acknowledgement receipt in the form in Schedule A issued under subsection 8(6);

“statutory body” means any body or authority established, appointed or constituted by any written law, and includes any local authority;

“statutory monthly statement” means a monthly statement in the form in Schedule B issued under subsection 9(2);

“Treasury Bill” means a Treasury Bill issued under sections 2 and 4

or a Treasury Bill held by any person pursuant to a transfer thereof, or of a part of it, under this Act;

“Treasury Bill customer” means a person who makes a transfer or takes a transfer of a Treasury Bill under subsection 8(2).

Where any record or account is required to be maintained under this Act by the Bank or by any participating investing institution, whether acting in its capacity as a primary investing institution or a depository institution or otherwise, the same shall be maintained in such manner or such means as the Bank may determine or specify, including its maintenance in writing or by means of any visual recording (of still or moving images), or any sound recording or any electronic, magnetic, mechanical, or other recording whatsoever, on any substance, material, thing or article.

Treasury Bills (Local) 7

The functions, powers and duties conferred upon the Bank under this Act shall be performed, exercised and discharged by the

Bank on behalf of the Minister of Finance.

Power to borrow by the issue of Treasury Bills