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Act 459

Loans (Central Bank of Malaysia) Act 1960

Akta pinjaman (bank negara malaysia) 1960

In force Β· 5 sections Β· 1 schedule

An Act to provide for the issue and management by the Central Bank of Malaysia of loans raised under certain laws.

English text is authoritative (National Language Acts 1963/67, s 7(2) β€” enacted before 1 September 1967, so no Malay text is authoritative until one is prescribed).

Data synced

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

Find Act 459 on lom.agc.gov.my β†—

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s 3Bank to undertake management of loansOpen β†—
On and after the date of the coming into operation of this Act the Central Bank of Malaysia shall undertake the issue and management of the loans raised under the laws specified in the Schedule; and the Minister of Finance may by order make such modifications and amendments in any such laws as appear to him necessary or expedient for the purpose of giving effect to this section.
s 4Power of Minister to fix feeOpen β†—
The Minister of Finance may fix such fee as he considers reasonable for the performance by the Central Bank of Malaysia of the powers and duties conferred or imposed under this Act, and any such fee shall be charged on the Consolidated Fund. Laws of Malaysia ACT 459
s 5SavingOpen β†—
Nothing in this Act shall take away or interfere with any right of any lawful holder of any stock issued under any of the laws specified in the Schedule.
ScheduleSCHEDULESupplementaryOpen β†—
[Section 3] Federated Malay States Loan Enactment 1936 (F.M.S. 12 of 1936). Loan Ordinance 1946 (M.U. 10 of 1946). Loan Ordinance 1949 (F of M. 16 of 1949). Loan Ordinance 1951 (F. of M. 59 of 1951). Federation of Malaya Security Loan Ordinance 1952 (F. of M. 65 of 1952). Loan Ordinance 1955 (F. of M. 12 of 1955). Loan (Local) Ordinance 1957 (F. of M. 68 of 1957). Laws of Malaysia ACT 459

Cite this legislation

Official citation
Act 459
Source
lom.agc.gov.my
Data synced
Licence
Official text, free to reproduce (Copyright Act 1987 [Act 332] s 3) β†—

Loans (Central Bank of Malaysia) Act 1960 [Act 459] (Laws of Malaysia, lom.agc.gov.my). Retrieved via LawPlayer, https://lawplayer.com/my/act/act-459

This text is synced from lom.agc.gov.my. In case of any discrepancy, the official version prevails.

View on lom.agc.gov.my β†—

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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