Finance (Banking and Financial Institutions) Act 1986 Chapter III — Amendments to the * finance companies act 1969

s 6–s 7 · 2 sections

Amendment of section 3A

s 6

Subsection 3A(1) of the Finance Companies Act 1969, which in this Chapter is referred to as “the principal Act”, is amended— (a) by inserting after the words “such person” the words “either in the National Language or in English or in any other language” wherever they appear in paragraphs (a) and (b); (b) by substituting for the comma a fullstop at the end of paragraph (b); and (c) by deleting the words “after 31 December 1979.” in subsection (1). *NOTE—The Finance Companies Act 1969 [Act 6] has since been repealed by the Banking and Financial Institutions Act 1989 [Act 372]–see section 128 of Act 372.

Amendment of section 21

s 7

The principal Act is amended by substituting for section 21 the following new section 21: “Prohibition of advances, loans or credit facilities to directors, officers and employees

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Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated. Read the official text ↗

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

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