3. The Corporation or a subsidiary conferred with the status of international organization under subsection 6(1) of the Act shall have all the privileges and immunities specified in Schedule 1 to the Act, subject to the following conditions:
3. A person who was, or has ceased to perform the duties of, an officer of the Corporation shall have the immunities as specified in Part II of Schedule 5 to the Act.
Important Note Regarding The International Islamic Liquidity Management Corporation Act 2011 (Act 721)
Any print-out from this website is NOT A COPY of the Federal Government Gazette of Malaysia printed by the Government Printer for the purposes of section 61 of the Interpretation Acts 1948 and 1967 [Act 388] of Malaysia and does not constitute prima facie evidence of the contents of the Gazette by virtue of the section.
Authoritative printed copies of the Federal Government Gazette of Malaysia can be obtained from Percetakan Nasional Malaysia Berhad <http://www.printnasional.com.my/pnmb/> .
Privileges and Immunities
Absent express waiver, the IILM, its subsidiaries and their assets are immune from every form of judicial process, and enjoy certain other privileges and immunities pursuant to the laws of Malaysia. All such privileges and immunities are expressly reserved, and nothing on this website constitutes a waiver or limitation of any of them.
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