Malaysia legislation

Section 10

of *SECURITIES INDUSTRY (CENTRAL DEPOSITORIES) ACT 1991

Section 10

Securities Industry (Central Depositories) 29

(2)

A person acting on behalf of or authorized by the Commission is entitled at all reasonable times to full and free access to any part of the premises of a central depository for the purpose of ensuring compliance with this Act.

(3)

A person who refuses or fails, without lawful excuse, to allow a person acting on behalf of or authorized by the Commission access to any premises mentioned in subsection (2) shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding one hundred thousand ringgit or to imprisonment for a term not exceeding three years or to both.