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credit "credit" means the contributions standing to the account of a member of the Fund together with any dividend thereon;
ACT 452 - EMPLOYEES PROVIDENT FUND ACT 1991
2. Interpretation. |
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credit "credit" means:- (a) any Islamic financing facility in whatever form or by whatever name called whether or not such facility involves a sale, purchase, sale and repurchase, lease, sale and lease back, sale and buy back arrangement, joint venture arrangement, deferred payment sale, return sharing arrangement and any other financing arrangements or dealings involving assets or properties made in accordance with Islamic law; (b) any advance, loan, trade credit or other facility in whatever form or by whatever name called whereby the person to whom the advance, loan, trade credit or other facility is given has access, directly or indirectly, to the funds or property of the person giving it; (c) any hire-purchase, Islamic hire-purchase, leasing, factoring, debt trading and such similar dealings or transactions; (d) the giving of a guarantee or any security in relation to the obligations of any person; or (e) any other like dealing or transaction as may be prescribed by the Minister on the recommendation of the Registrar;
ACT 710 - CREDIT REPORTING AGENCIES ACT 2010
2. Interpretation. |
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credit "credit" means:- (a) any Islamic financing facility in whatever form or by whatever name called whether or not such facility involves a sale, purchase, sale and repurchase, lease, sale and lease back, sale and buy back arrangement, joint venture arrangement, deferred payment sale, return sharing arrangement and any other financing arrangements or dealings involving assets or properties made in accordance with Islamic law; (b) any advance, loan, trade credit or other facility in whatever form or by whatever name called whereby the person to whom the advance, loan, trade credit or other facility is given has access, directly or indirectly, to the funds or property of the person giving it; (c) any hire-purchase, Islamic hire-purchase, leasing, factoring, debt trading and such similar dealings or transactions; (d) the giving of a guarantee or any security in relation to the obligations of any person; or (e) any other like dealing or transaction as may be prescribed by the Minister on the recommendation of the Registrar;
ACT 710 - CREDIT REPORTING AGENCIES ACT 2010
2. Interpretation |
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See Also: Translator EN-BM |