← Bank Simpanan Nasional Berhad Act 1997

Bank Simpanan Nasional Berhad Act 1997 s 30

s 30 Minister’s consent required to be director of the Bank

(1) No person shall accept appointment or election as a director of the Bank unless he has, prior to such acceptance, obtained the written consent of the Minister to accept the appointment or election. (2) Where the Minister refuses to give his consent under subsection (1), he shall notify the applicant in writing of his refusal. (3) Any person who fails to comply with subsection (1) shall not exceeding three million ringgit or to imprisonment for a term not exceeding three years or to both.

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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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