Loans (Central Bank of Malaysia)
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LAWS OF MALAYSIA
REPRINT
Act 459
LOANS (CENTRAL BANK OF
MALAYSIA) ACT 1960
Incorporating all amendments up to 1 January 2006
PUBLISHED BY
THE COMMISSIONER OF LAW REVISION, MALAYSIA
UNDER THE AUTHORITY OF THE REVISION OF LAWS ACT 1968
IN COLLABORATION WITH
PERCETAKAN NASIONAL MALAYSIA BHD
2006
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LOANS (CENTRAL BANK OF MALAYSIA)
ACT 1960
First enacted ... ... ... ... ... ... ...
1960 (Ord. No. 16 of
1960)
Revised
.....................
1991 (Act 459 w.e.f
13 April 1991)
PREVIOUS REPRINT
First Reprint
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...
...
...
...
2001
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LAWS OF MALAYSIA
Act 459
LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960
ARRANGEMENT OF SECTIONS
Section
1. Short title
2. (Omitted)
3. Bank to undertake management of loans
4. Power of Minister to fix fee
5. Saving
SCHEDULE
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Laws of Malaysia
ACT 459
Loans (Central Bank of Malaysia)
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LAWS OF MALAYSIA
Act 459
LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960
An Act to provide for the issue and management by the Central
Bank of Malaysia of loans raised under certain laws.
[27 June 1960, L.N. 128/1960]
BE IT ENACTED by the Seri Paduka Baginda Yang di-Pertuan
Agong with the advice and consent of the Dewan Negara and
Dewan Rakyat in Parliament assembled, and by the authority of
the same, as follows:
Short title
1.  This Act may be cited as the Loans (Central Bank of Malaysia)
Act 1960.
(Omitted).
2.
Bank to undertake management of loans
3.  On and after the date of the coming into operation of this Act
the Central Bank of Malaysia shall undertake the issue and
management of the loans raised under the laws specified in the
Schedule; and the Minister of Finance may by order make such
modifications and amendments in any such laws as appear to him
necessary or expedient for the purpose of giving effect to this
section.
Power of Minister to fix fee
4.  The Minister of Finance may fix such fee as he considers
reasonable for the performance by the Central Bank of Malaysia
of the powers and duties conferred or imposed under this Act, and
any such fee shall be charged on the Consolidated Fund.
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Laws of Malaysia
ACT 459
Saving
5.  Nothing in this Act shall take away or interfere with any right
of any lawful holder of any stock issued under any of the laws
specified in the Schedule.
Loans (Central Bank of Malaysia)
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SCHEDULE
[Section 3]
Federated Malay States Loan Enactment 1936 (F.M.S. 12 of 1936).
Loan Ordinance 1946 (M.U. 10 of 1946).
Loan Ordinance 1949 (F of M. 16 of 1949).
Loan Ordinance 1951 (F. of M. 59 of 1951).
Federation of Malaya Security Loan Ordinance 1952 (F. of M. 65 of 1952).
Loan Ordinance 1955 (F. of M. 12 of 1955).
Loan (Local) Ordinance 1957 (F. of M. 68 of 1957).
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Laws of Malaysia
ACT 459
LAWS OF MALAYSIA
Act 459
LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960
LIST OF AMENDMENTS
Amending law
Short title
In force from
-- NIL --
Loans (Central Bank of Malaysia)
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LAWS OF MALAYSIA
Act 459
LOANS (CENTRAL BANK OF MALAYSIA) ACT 1960
LIST OF SECTIONS AMENDED
Section
Amending authority
In force from
-- NIL --
DICETAK OLEH
PERCETAKAN NASIONAL MALAYSIA BERHAD,
KUALA LUMPUR
BAGI PIHAK DAN DENGAN PERINTAH KERAJAAN MALAYSIA