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← Payment Systems Act 2003

Payment Systems Act 2003 s 50

Payment Systems Act 2003 s 50

This legislation has been repealed. Do not cite it as law in force.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 50

Without prejudice to the generality of other powers of investigation conferred on an investigating officer under this Part, such powers may be exercised by the investigating officer— (a) against— (i) any past or present business associate; (ii) any person who is or was a relative; (iii) any person who is or was a creditor; (iv) any person who is or was concerned with the control or management, in whole or in part, of the affairs; or (v) any person who has or had an interest in the shares, or otherwise has or had an interest in the property, of the person suspected to have committed an offence under this Act: (b) against any business associate or relative of a person referred to in paragraph (a); or (c) against any body, corporate or unincorporate, in which ny person reterred to in paragraph (a) is a director c fficer or, where such body is à corporation. has a interest in the shares of the corporation. Seizure of movable property in financial institution

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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