Malaysia legislation

Section 49

of *SECURITIES INDUSTRY (CENTRAL DEPOSITORIES) ACT 1991

Section 49

(a)

for the purpose of, or in connection with, any application under this Act; or

(b)

in purported compliance with any requirement imposed on him by or under this Act, shall be guilty of an offence.

(2)

Any person who is guilty of an offence under this section shall, on conviction, be liable to a fine not exceeding one million ringgit or to imprisonment for a term not exceeding ten years or to both.

Offence by bodies corporate

Section 49 — SECURITIES INDUSTRY (CENTRAL DEPOSITORIES) ACT 1991