Malaysia legislation
Section 76
Section 76
Power to invest
(2)
The Institute may keep, either in fixed deposit or current account, any money for the time being not invested in any bank in Malaysia which holds valid license under the provision of the
*Banking and Financial Institution Act 1989 [Act 372] or the
Islamic Banking Act 1983 [Act 276] and be given prior approval in writing for such purpose by the Minister.
Accounts and reports