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← Bank Simpanan Nasional Berhad Act 1997

Bank Simpanan Nasional Berhad Act 1997 s 20

Bank Simpanan Nasional Berhad Act 1997 s 20

s 20 Publication and exhibition of audited balance sheet, etc.

(1) The Bank shall within fourteen days of the laying of its accounts at its annual general meeting, or within such further period as the Minister may approve, publish in not less than two daily newspapers published in Malaysia and approved by the Minister, one of which shall be in the national language and the other in English, and exhibit thereafter throughout the year in a conspicuous position at every office in Malaysia of the Bank, a copy each of its balance sheet and such other documents as the Minister may specify; and the Minister may specify differently in respect of the documents to be published in the newspapers and the documents to be exhibited. (2) Where the Bank fails to comply with subsection (1), it shall not exceeding one million ringgit and, in the case of a continuing offence, to a further fine not exceeding one thousand ringgit for each day during which the offence continues after conviction.

Read this section in the full act → · Open Part VI →

Find Act 571 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).

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