(1) The Board may make such rules and regulations as may be necessary for the purpose of carrying out or giving effect to any of the provisions of this Act.
(2) In particular, and without prejudice to the generality of the power conferred by subsection (1), such rules and regulations may relate to—
(a) the operation of schemes for saving with the Bank;
(b) the provision of loans and advances for housing and other specific purposes;
(c) the investment of the funds of the Bank;
(d) the operation of giro services; and
(e) the issue and promotion of premium savings certificates and the holding, promoting, organizing and administering of draws related thereto:
Provided that such rules and regulations relating to policy shall require the approval of the Minister.
Malay text (authoritative)
Kuasa untuk membuat kaedah-kaedah dan peraturan-peraturan
(1) Lembaga boleh membuat kaedah-kaedah dan peraturan-peraturan yang perlu bagi maksud menjalankan atau menguatkuasakan mana-mana peruntukan Akta ini.
(2) Khususnya, dan tanpa menyentuh keluasan kuasa yang diberikan oleh subseksyen (1), kaedah-kaedah dan peraturan-peraturan itu boleh dibuat berhubung dengan—
(a) pengendalian skim untuk simpanan dengan Bank;
(b) peruntukan pinjaman dan pendahuluan bagi maksud perumahan dan maksud tertentu yang lain;
(c) pelaburan wang Bank;
(d) pengendalian perkhidmatan giro; dan
(e) pengeluaran dan penganjuran sijil simpanan premium dan hal mengadakan, menganjurkan, merancang dan mentadbirkan cabutan yang berkenaan dengannya:
Dengan syarat bahawa kaedah-kaedah dan peraturan-peraturan berhubung dengan dasar memerlukan kelulusan Menteri.
Text as at 1 December 2011 (LOM reprint); amendments made after that date may not be incorporated.
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).
