CENTRAL BANK OF MALAYSIA ACT 2009

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1 PART I PRELIMINARY-1. Short title and commencement.

2 PART I PRELIMINARY-2. Interpretation.

3 PART II THE BANK, ITS OBJECTS AND FUNCTIONS-3. The Bank established under Central Bank of Malaysia Act 1958 .

4 PART II THE BANK, ITS OBJECTS AND FUNCTIONS-4. Central bank for Malaysia.

5 PART II THE BANK, ITS OBJECTS AND FUNCTIONS-5. Principal objects and functions of the Bank.

6 PART III FINANCIAL PROVISIONS-6. Capital.

7 PART III FINANCIAL PROVISIONS-7. General Reserve Fund.

8 PART III FINANCIAL PROVISIONS-8. Financial year.

9 PART III FINANCIAL PROVISIONS-9. Requirement to keep accounts and other records.

10 PART III FINANCIAL PROVISIONS-10. Accounting standards.

11 PART III FINANCIAL PROVISIONS-11. External audit.

12 PART III FINANCIAL PROVISIONS-12. Statement of assets and liabilities.

13 PART III FINANCIAL PROVISIONS-13. Preparation and publication of financial statements and report.

14 PART IV GOVERNANCE OF THE BANK-14. Board of Directors.

15 PART IV GOVERNANCE OF THE BANK-15. Governor and Deputy Governor.

16 PART IV GOVERNANCE OF THE BANK-16. Appointment of director.

17 PART IV GOVERNANCE OF THE BANK-17. Disqualifi cation of Governor, Deputy Governor and director.

18 PART IV GOVERNANCE OF THE BANK-18. Vacancies in office of Governor, Deputy Governor or director.

19 PART IV GOVERNANCE OF THE BANK-19. Meetings of Board.

20 PART IV GOVERNANCE OF THE BANK-20. Disclosure of interest.

21 PART IV GOVERNANCE OF THE BANK-21. Board committees.

22 PART V MONETARY FUNCTIONS AND OPERATIONS OF THE BANK-22. Monetary policy.

23 PART V MONETARY FUNCTIONS AND OPERATIONS OF THE BANK-23. Monetary Policy Committee.

24 PART V MONETARY FUNCTIONS AND OPERATIONS OF THE BANK-24. Publication of monetary policy statement.

25 PART V MONETARY FUNCTIONS AND OPERATIONS OF THE BANK-25. Monetary policy operations.

26 PART V MONETARY FUNCTIONS AND OPERATIONS OF THE BANK-26. Conduct of monetary policy operations.

27 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-27. Dual financial system.

28 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-28. Financial stability powers under the laws.

29 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-29. Interpretation.

30 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-30. Information for purposes of financial stability.

31 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-31. Measures for financial stability.

32 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-32. Power for averting or reducing risk to financial stability.

33 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-33. Due diligence.

34 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-34. Liquidity assistance under paragraph 32(1) (a) or (b) .

35 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-35. Additional provisions relating to subparagraph 32(1) (c) (i).

36 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-36. Additional provisions relating to subparagraph 32(1) (c) (iii).

37 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-37. Financial Stability Executive Committee.

38 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-38. Powers and functions of the Financial Stability Executive Committee.

39 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-39. Nature of relief.

40 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-40. Arrangements with other supervisory authorities.

41 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-41. Advice or recommendations on financial stability to supervisory authorities.

42 PART VI FINANCIAL STABILITY FUNCTIONS AND POWERS OF THE BANK Chapter 1 Powers for promoting financial stability-42. Confidentiality.

43 Chapter 2 Money market and foreign exchange market-43. Rules, guidelines, etc. , for money market, etc.

44 Chapter 2 Money market and foreign exchange market-44. The Bank may establish system for funds, debt securities, etc .

45 Chapter 3 Financial services and other functions-45. Co-operation with financial institutions.

46 Chapter 3 Financial services and other functions-46. Clearing houses and settlement of balances between financial institutions.

47 Chapter 3 Financial services and other functions-47. Credit bureau.

48 Chapter 3 Financial services and other functions-48. Establishment of body corporate, etc .

49 Chapter 3 Financial services and other functions-49. Financing for special purposes.

50 Chapter 3 Financial services and other functions-50. Limit on investment and financing.

51 PART VII ISLAMIC FINANCIAL BUSINESS Chapter 1 Shariah Advisory Council-51. Establishment of Shariah Advisory Council.

52 PART VII ISLAMIC FINANCIAL BUSINESS Chapter 1 Shariah Advisory Council-52. Functions of Shariah Advisory Council.

53 PART VII ISLAMIC FINANCIAL BUSINESS Chapter 1 Shariah Advisory Council-53. Appointment of members to Shariah Advisory Council.

54 PART VII ISLAMIC FINANCIAL BUSINESS Chapter 1 Shariah Advisory Council-54. Secretariat to Shariah Advisory Council.

55 PART VII ISLAMIC FINANCIAL BUSINESS Chapter 1 Shariah Advisory Council-55. The Bank and Islamic financial institutions to consult Shariah Advisory Council.

56 PART VII ISLAMIC FINANCIAL BUSINESS Chapter 1 Shariah Advisory Council-56. Reference to Shariah Advisory Council for ruling from court or arbitrator.

57 PART VII ISLAMIC FINANCIAL BUSINESS Chapter 1 Shariah Advisory Council-57. Effect of Shariah rulings.

58 PART VII ISLAMIC FINANCIAL BUSINESS Chapter 1 Shariah Advisory Council-58. Shariah Advisory Council ruling prevails.

59 Chapter 2 Powers of the Bank-59. The Bank to issue circulars, guidelines, etc., on Shariah matters.

60 Chapter 2 Powers of the Bank-60. Promotion of Malaysia as an international Islamic financial centre.

61 PART VIII CURRENCY-61. Unit of currency.

62 PART VIII CURRENCY-62. [Deleted].

63 PART VIII CURRENCY-63. [Deleted].

64 PART VIII CURRENCY-64. [Deleted].

65 PART VIII CURRENCY-65. The Bank may buy and sell ringgit.

66 PART VIII CURRENCY-66. Exchange rate regime for ringgit.

66A PART VIII CURRENCY-66A. [No Title].

67 PART IX FOREIGN RESERVES-67. Duty of the Bank to hold and manage foreign reserves.

68 PART IX FOREIGN RESERVES-68. Policies and guidelines on foreign reserves.

69 PART X RELATIONS WITH GOVERNMENT-69. Banker and financial agent to Government.

70 PART X RELATIONS WITH GOVERNMENT-70. Advice to, and acting generally as agent for, Government.

71 PART X RELATIONS WITH GOVERNMENT-71. Temporary financing to Government.

72 PART X RELATIONS WITH GOVERNMENT-72. Issues of policy.

73 PART XI OTHER POWERS OF THE BANK-73. Compliance with the Shariah.

74 PART XI OTHER POWERS OF THE BANK-74. Acquisition of immovable property.

75 PART XI OTHER POWERS OF THE BANK-75. General powers of the Bank.

76 PART XI OTHER POWERS OF THE BANK-76. Business which the Bank may not transact.

77 PART XI OTHER POWERS OF THE BANK-77. Measures to safeguard monetary and financial stability.

78 PART XI OTHER POWERS OF THE BANK-78. Record of international accounts.

79 PART XII INTERNATIONAL MATTERS-79. International co-operation.