s 2F Nominee
(1) No person shall act as a nominee unless he is registered with the Director General of Insolvency. (2) Notwithstanding subsection (1), an officer of a body corporate established under the Central Bank of Malaysia Act 2009 [Act 701] for the purposes of providing financial counselling, debt management services and education on financial management may act as a nominee but is not required to register with the Director General of Insolvency under subsection (1). (3) The nominee shall have the powers and duties as prescribed.