Malaysia legislation

Section 5D

of *MONEYLENDERS ACT 1951

Section 5D

(2)

Any person who fails to comply with any of the conditions of the licence shall be guilty of an offence under this Act and shall be liable to a fine not exceeding fifty thousand ringgit or to imprisonment for a term not exceeding twelve months or to both.

 NOTE—For saving and transitional provisions of this section – see subsection 46(4) of Act A1193.

16 Laws of Malaysia ACT 400

Renewal of licence

Read in full context — *MONEYLENDERS ACT 1951 →