Islamic Banking Act · s 109

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?Wrong or mistyped wordsWrong structure or numberingWrong title or detailsText that appears twice

What should change, and whyUp to 2,000 characters.The text as it should read (optional)Edit the text above. Up to 20,000 characters.Where you checked it (optional)A link to the official version, if you have one.

The text as we hold it

Open the official text

s 109Indemnity

No liability shall be incurred by —

(a)

the Authority or any member of the Authority;

(b)

any person authorised or appointed by the Authority under section 3 (repealed);

(c)

any person appointed under section 59(2)(b) to advise an

Islamic bank in the proper conduct of its business;

(d)

any person who has assumed control of the business of an

Islamic bank pursuant to a direction or order of the Authority under section 59(2)(c) or 60(b);

(e)

any person appointed under section 49(1), as a result of anything done by him bona fide in the exercise of any power, or the performance of any power, duty or function conferred or imposed by or under this Act.