Bank Kerjasama Rakyat Malaysia Berhad (Special Provisions) Act 1978 s 16
s 16 Directions by Minister
The Minister may, from time to time, issue directions to the Board or to the managing body of any of the subsidiaries of the Bank with respect to the running of the affairs of the Bank or the subsidiary, including such directions as he considers necessary or expedient for the protection of the interests of the members or depositors of the Bank or subsidiary, and directions for the furnishing to him of such information concerning the affairs of the Bank or subsidiary as he may specify; and the Board or managing body, as the case may be, shall comply with such directions.
Malay text (authoritative)
Arahan oleh Menteri
Menteri boleh, dari semasa ke semasa, mengeluarkan arahan kepada Lembaga atau badan pengurusan mana-mana subsidiari Bank berkenaan dengan pengelolaan hal ehwal Bank atau subsidiari itu, termasuk apa-apa arahan yang difikirkannya perlu atau suai manfaat bagi melindungi kepentingan ahli atau pendeposit Bank atau subsidiari itu, dan arahan supaya diberikan kepadanya apa-apa
maklumat mengenai hal ehwal Bank atau subsidiari itu sebagaimana yang dinyatakannya; dan Lembaga atau badan pengurusan itu, mengikut mana-mana yang berkenaan, hendaklah mematuhi arahan itu.
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Find Act 202 on lom.agc.gov.my ↗
Text as at 1 January 2006 (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).
