(1) A universal service licensee may carry on postal financial services activities and may act as a payment and collection agent for any third party on a commercial basis.
(2) The Minister may, by rules published in the Gazette, prescribe the scope of and fee for postal financial services.
(3) For the purpose of this Act, “postal financial services” means a range of postal financial services to be provided by a universal service licensee including money order, postal order, postal draft, postal cheque and postal travellers’ cheque.
Malay text (authoritative)
Perkhidmatan kewangan pos
(1) Pemegang lesen perkhidmatan sejagat boleh melakukan aktiviti perkhidmatan kewangan pos dan bertindak sebagai ejen pembayar dan pemungut bagi mana-mana pihak ketiga atas dasar komersial.
(2) Menteri boleh, melalui kaedah-kaedah yang disiarkan dalam Warta, menetapkan ruang lingkup dan fi bagi perkhidmatan kewangan pos.
(3) Bagi maksud Akta ini, “perkhidmatan kewangan pos” bermakna suatu julat perkhidmatan kewangan pos yang akan disediakan oleh
pemegang lesen perkhidmatan sejagat termasuk kiriman wang, kiriman pos, deraf pos, cek pos dan cek perjalanan pos.
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).
