Development Financial Institutions Act 2002

Updated on Dec 06, 2023

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Citation Act 618 Enacted by Dewan Rakyat Date of Royal Assent 29 January 2002		Territorial extent Throughout Malaysia Enacted by Dewan Negara Date commenced 7 February 2002

The Development Financial Institutions Act 2002 (Malay: Akta Institusi Kewangan Pembangunan 2002), is a Malaysian laws which enacted to make provisions for the regulation and supervision of development financial institutions and for matters connected therewith. .

Structure

The Development Financial Institutions Act 2002, in its current form (1 October 2008), consists of 9 Parts containing 130 sections and 1 schedule (including 1 amendment).

Part I: Preliminary

Part II: Management, Ownership and Control

Part III: Restrictions on Business

Part IV: Obligations and Sourcing of Funds

Part V: Dealings with Government Funds

Part VI: Control of Defaulter

Part VII: Auditor and Accounts

Part VIII: Examination and Investigation

Part IX: Miscellaneous

Schedule

References

Development Financial Institutions Act 2002 Wikipedia

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