LAWS OF MALAYSIA

Postal Services Act 2012 [ Act 741]

PART VII - OTHER SERVICES
Section 34. Postal financial services

(1) A universal service licensee may carry on postal financial services activities and may act as a payment and collection agent for any third party on a commercial basis.

(2) The Minister may, by rules published in the Gazette, prescribe the scope of and fee for postal financial services.

(3) For the purpose of this Act, "postal financial services" means a range of postal financial services to be provided by a universal service licensee including money order, postal order, postal draft, postal cheque and postal travellers' cheque.