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← Central Bank of Malaysia Act 2009

Central Bank of Malaysia Act 2009 s 67

Central Bank of Malaysia Act 2009 s 67

s 67 Duty of the Bank to hold and manage foreign reserves

(1) It shall be the duty of the Bank at all times to hold and manage foreign reserves for the purposes of giving effect to its objects, carrying out its functions under this Act and maintaining public confidence. (2) Subject to section 68, the foreign reserves held and managed under subsection (1) shall consist of the following: (a) gold or other precious metals; (b) foreign currency; (c) securities of, or guaranteed by— (i) governments or agencies of such governments; or (ii) international financial institutions; (d) any readily available drawing facility of such international financial institutions; (e) bills of exchange; and (f) such other securities and other financial instruments including derivatives.

Malay text (authoritative)

Kewajipan Bank untuk memegang dan menguruskan rizab luar negara

(1) Menjadi kewajipan Bank pada setiap masa untuk memegang dan menguruskan rizab luar negara bagi maksud melaksanakan matlamatnya, menjalankan fungsinya di bawah Akta ini dan memastikan keyakinan orang ramai. (2) Tertakluk kepada seksyen 68, rizab luar negara yang dipegang dan diuruskan di bawah subseksyen (1) hendaklah terdiri daripada yang berikut: (a) emas atau logam berharga lain; (b) mata wang asing; (c) sekuriti, atau sekuriti yang dijamin oleh— (i) kerajaan atau agensi kerajaan itu; atau (ii) institusi kewangan antarabangsa; (d) apa-apa kemudahan pengeluaran wang yang sedia ada oleh mana-mana institusi kewangan antarabangsa; (e) bil pertukaran; dan (f) apa-apa sekuriti lain dan instrumen kewangan lain termasuk terbitan.

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

Find Act 701 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).

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