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← Payment Systems Act 2003

Payment Systems Act 2003 s 43

Payment Systems Act 2003 s 43

This legislation has been repealed. Do not cite it as law in force.

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 43

(1) For the purposes of this Part, the Bank may appoint any officer of the Bank or any person appointed under subsection 4(3) to be an investigating officer. (2) Subject to subsection (3), an investigating officer appointed under subsection (1) shall have all the powers, functions, and duties conferred on an investigating officer under this Act, and where such investigating officer is not an officer of the Bank, he shall, in relation to such powers, functions and duties- (a) be subject to; and (b) enjoy such rights, privileges, protection, immunities and indemnities as may be specified in, the provisions of this Act, the Central Bank of Malaysia Act 1958 or other written law applicable to an officer of the Bank as if he was an officer of the Bank. (3) An investigating officer shall be subject to the direction and control of the Governor, or of such other officer of the Bank as may be authorized by the Governor to act on behalf of the Governor, and of any other investigating officer or officers superior to him in rank, and shall exercise his powers, perform his functions, and discharge his duties referred to in subsection (2) in compliance with such directions, instructions, conditions, restrictions or limitations as the Governor, or an officer of the Bank authorized to act on behalf of the Governor, or an investigating officer superior in rank, may specify orally or in writing, either generally, or in any particular case or circumstance. (4) The Governor, or any officer of the Bank authorized by the Governor to act on behalf of Governor, shall have all the powers, functions and duties of an investigating officer. (5) An investigating officer conducting any examination of any person under this Part shall have the power to administer an oath or affirmation to the person who is being examined. Investigation powers in respect of clearing houses

Malay text (authoritative)

Pelantikan pegawai penyiasat, kuasa, fungsi dan kewajipan mereka 44. Kuasa penyiasatan berkenaan dengan pusat penjelasan Kuasa untuk masuk, menggeledah dan menyita

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

Find Act 627 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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