Finance (Banking and Financial Institutions) Act 1986 s 3
Finance (Banking and Financial Institutions) Act 1986 s 3
Text recovered by OCR from a scanned copy — section numbers and wording may be wrong. Check the official PDF on lom.agc.gov.my before citing.
s 3 Amendment of section 2
Section 2 of the Central Bank of Malaysia Ordinance 1958, which in this Chapter is referred to as “the Ordinance”, is amended by inserting after the interpretation of “Board” the following new interpretation of “certificate of deposit”:
‘ “certificate of deposit” means a document relating to money, in any currency, which has been deposited with the issuer or some other person, being a document which recognizes an obligation to pay a stated amount to bearer or to order, with or without interest, and being a document by the delivery of which, with or without endorsement, the right to receive that stated amount, with or without interest, is transferable;’.
Malay text (authoritative)
Seksyen 2 Ordinan Bank Negara Malaysia 1958, Pindaan yang dimu aOkan s" das ta Bsiran " Board", ciairan 022ail3g. baru "certificate of deposit" yang berikut: • "certificate of deposit" means a document relating to money, in any currency, which has been
[Bab II, S. 3-5] deposited with the issuer or some other person, being a document which recognises an obligation seksyen 15.
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).
