Capital Markets and Services Act 2007 s 335
s 335 Membership of the Board
(1) The members of the Board shall be appointed by the Minister and the Board shall consist of—
(a) the Chairman of the Commission, as an ex-officio member, who shall be the Chairman;
(b) the Deputy Chief Executive of the Commission, as an ex-officio member;
(c) a senior representative of an exchange holding company; and
(d) four other members who possess knowledge and experience in finance, business, law or other relevant experience.
(2) If the Chairman of the Board is absent or unable to act due to illness or any other cause, the Deputy Chief Executive of the Commission shall act in his place as the Chairman of the Board.
(3) Members of the Board shall not be entitled to any remuneration but may be paid such honorarium and travelling and subsistence allowances as the Minister may determine.
(4) The Board shall have such powers and shall perform such duties as are given or imposed by this Act or as may be prescribed from time to time by the Minister and may by instrument in writing delegate to any person all or any of such powers and duties.
Malay text (authoritative)
Keanggotaan Lembaga
(1) Anggota Lembaga hendaklah dilantik oleh Menteri dan Lembaga hendaklah terdiri daripada—
(a) Pengerusi Suruhanjaya, sebagai anggota ex-officio, yang hendaklah menjadi Pengerusi;
(b) Timbalan Ketua Eksekutif Suruhanjaya, sebagai anggota ex-officio;
(c) wakil kanan syarikat pemegangan bursa; dan
(d) empat orang anggota lain yang mempunyai pengetahuan dan pengalaman dalam kewangan, perniagaan, undangundang atau pengalaman lain yang berkaitan.
(2) Jika Pengerusi Lembaga tidak hadir atau tidak berupaya untuk bertindak disebabkan sakit atau apa-apa sebab lain, Timbalan Ketua Eksekutif Suruhanjaya hendaklah bertindak menggantikan tempatnya sebagai Pengerusi Lembaga.
(3) Anggota Lembaga tidak berhak untuk mendapat apa-apa saraan tetapi boleh dibayar apa-apa honororium dan elaun perjalanan dan sara hidup sebagaimana yang ditentukan oleh Menteri.
(4) Lembaga hendaklah mempunyai apa-apa kuasa dan hendaklah melaksanakan apa-apa kewajipan yang diberikan atau dikenakan oleh Akta ini atau sebagaimana yang ditetapkan dari semasa ke semasa oleh Menteri dan boleh melalui surat cara secara bertulis mewakilkan kepada mana-mana orang semua atau mana-mana kuasa atau kewajipan itu.
Read this section in the full act → · Open Part IX →
Find Act 671 on lom.agc.gov.my ↗
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).
