Section 20. Delegation of the Commission's functions or powers. (COMPANIES COMMISSION OF MALAYSIA ACT 2001

ACT 614
COMPANIES COMMISSION OF MALAYSIA ACT 2001

PART III - FUNCTIONS AND POWERS OF THE COMMISSION

Section 20. Delegation of the Commission's functions or powers.

(1) The Commission may delegate any of its functions or powers to any committee established under section 19 as it may deem necessary or desirable.

(2) Any function or power delegated under this section—

(a)

may be so delegated subject to such conditions or restrictions as the Commission may either generally or specifically impose; and

(b) shall be exercised by the committee in the name and on behalf of the Commission.

(3) A delegation under this section shall not preclude the Commission itself from performing or exercising at any time any of the functions or powers so delegated.