Financial Services Act 2013 s 24
(1) A person who is to be licensed under section 10 to carry on banking business, insurance business (other than a person who is to be a professional reinsurer) or investment banking business shall be a public company. (2) The Bank may specify the form of establishment of— (a) a person who is to be licensed as a professional reinsurer; or (b) a person who is to be approved under section 11 to carry on an approved business.
Bentuk penubuhan
(1) Orang yang akan dilesenkan di bawah seksyen 10 untuk menjalankan perniagaan perbankan, perniagaan insurans (selain orang yang akan menjadi penanggung insurans semula profesional) atau perniagaan perbankan pelaburan hendaklah suatu syarikat awam. (2) Bank boleh menentukan bentuk penubuhan— (a) orang yang akan dilesenkan sebagai penanggung insurans semula profesional; atau (b) orang yang akan diluluskan di bawah seksyen 11 untuk menjalankan perniagaan yang diluluskan.
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).