Central Bank of Malaysia Act 2009 s 82
s 82 Regulations or directions to discharge Government’s international obligations under United Nations Security Council Resolutions
(1) Where the Security Council of the United Nations decides, in pursuance of Article 41 of the Charter of the United Nations, on measures to be employed to give effect to any of its decision and calls upon the Government of Malaysia to apply such measures, the Bank may, in relation to the measures that are within the functions and duties of the Bank, with the approval of the Minister, make regulations for, or issue directions in writing to any financial institution or class of financial institutions to enable those measures to be effectively applied.
(2) Any financial institution for which the regulations are made or to which directions are issued under subsection (1) shall comply with the regulations or directions notwithstanding any other duty imposed on the financial institution by any contract or law or international agreement.
(3) Any financial institution shall not, in carrying out any act in compliance with the regulations made or directions issued under subsection (1), be treated as being in breach of any such contract or law or international agreement.
(4) Any financial institution who fails to comply with subsection (2) commits an offence and shall, on conviction, be liable to a fine not exceeding one hundred thousand ringgit.
Malay text (authoritative)
Peraturan-peraturan atau arahan untuk menunaikan obligasi antarabangsa Kerajaan di bawah Ketetapan Majlis Keselamatan Bangsa-Bangsa Bersatu
(1) Jika Majlis Keselamatan Bangsa-Bangsa Bersatu memutuskan, menurut Perkara 41 Piagam Bangsa-Bangsa Bersatu, mengenai langkah yang hendak diambil untuk memberi kuat kuasa kepada mana-mana keputusannya dan menghendaki Kerajaan Malaysia supaya menerima pakai apa-apa langkah itu, Bank boleh, berhubung dengan langkah itu yang dalam fungsi dan tugas Bank, dengan kelulusan Menteri, membuat peraturan-peraturan
mengeluarkan arahan secara bertulis kepada mana-mana institusi kewangan atau golongan institusi kewangan bagi membolehkan langkah itu diterima pakai dengan berkesan.
(2) Mana-mana institusi kewangan yang baginya peraturanperaturan dibuat atau arahan dikeluarkan di bawah subseksyen (1) hendaklah mematuhi peraturan-peraturan atau arahan itu walau apa pun apa-apa kewajipan lain yang dikenakan ke atas institusi kewangan itu oleh mana-mana kontrak atau undang-undang atau perjanjian antarabangsa.
(3) Mana-mana institusi kewangan tidak boleh, dalam menjalankan apa-apa tindakan sebagai mematuhi peraturan-peraturan yang dibuat atau arahan yang dikeluarkan di bawah subseksyen (1), dikira sebagai memungkiri mana-mana kontrak atau undang-undang atau perjanjian antarabangsa itu.
(4) Mana-mana institusi kewangan yang tidak mematuhi subseksyen (2) melakukan suatu kesalahan dan boleh, apabila disabitkan, didenda tidak melebihi satu ratus ribu ringgit.
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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).
