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Financial Services Act 2013 s 4

Financial Services Act 2013 s 4

s 4 Prescription by Bank of additional agreement, dealing, transaction or person

The Bank may, with the concurrence of the Minister, prescribe— (a) any agreement in respect of a financial transaction that may be entered into by parties in the financial markets, other than a standardized derivative or an agreement in respect of securities transactions entered into under the rules of a stock exchange and approved clearing house as defined in subsection 2(1) of the Capital Markets and Services Act 2007 as a qualified financial agreement for the purposes of the definition of “qualified financial agreement” in subsection 2(5); (b) any dealing or transaction as a credit facility for the purposes of the definition of “credit facility” in subsection 2(1); and (c) any other person as a market participant for the purposes of the definition of “market participant” in subsection 2(1).

Malay text (authoritative)

Penetapan perjanjian, urus niaga, transaksi atau orang tambahan oleh Bank

Bank boleh, dengan persetujuan Menteri, menetapkan— (a) mana-mana perjanjian berkenaan dengan suatu transaksi kewangan yang boleh dibuat oleh pihak dalam pasaran kewangan, selain suatu derivatif terselaras atau suatu perjanjian berkenaan dengan transaksi sekuriti yang dibuat di bawah kaedah-kaedah suatu bursa saham dan pusat penjelasan yang diluluskan sebagaimana yang ditakrifkan dalam subseksyen 2(1) Akta Pasaran Modal dan Perkhidmatan 2007 sebagai perjanjian kewangan yang layak bagi maksud takrif “perjanjian kewangan yang layak” dalam subseksyen 2(5); (b) apa-apa urus niaga atau transaksi sebagai kemudahan kredit bagi maksud takrif “kemudahan kredit” dalam subseksyen 2(1); dan (c) mana-mana orang lain sebagai peserta pasaran bagi maksud takrif “peserta pasaran” dalam subseksyen 2(1).

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

Find Act 758 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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