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In forceAmended2020 Revised Edition

Part 1 · Preliminary

4. Appointment of assistants

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Amended

Last amended by an amending law of 2025.

(1)

Subject to subsection (2), the Authority may appoint any person to exercise any of its powers or perform any of its functions or duties under this Act, either generally or in any particular case, except —

(a)

the power of appointment conferred by this subsection; and

(b)

the power to make subsidiary legislation.

(2)

The Authority may appoint one or more of its officers to exercise the power, under a provision of this Act specified in the Second Schedule, to grant an exemption to a particular person, or to revoke any such exemption.

(2A)

An appointment under subsection (2) must be published in the Gazette.

(3)

Any person appointed under subsection (1) or officer appointed under subsection (2) is taken to be a public servant for the purposes of the Penal Code 1871.

Report

Part 2

Licensing of Payment Service Providers

Part 3

Payment Systems

Part 4

Inspection

Part 4A

Investigations

Part 5

Emergency Powers

Part 6

Assistance to Foreign Regulatory Authorities

Part 7

Offences

Part 8

Miscellaneous

Part 9

Consequential and Related Amendments to Other Acts

Part 10

Saving and Transitional Provisions

Schedules