Section 44

Any prescribed institution that contravenes subsection (1)

commits an offence and shall on conviction be liable to a fine not exceeding twenty-five million ringgit.

For the purposes of subsection (1), the Bank may specify the amount and types of liabilities and expenses that may be charged to any trust fund.

The Bank may, if it is satisfied that a prescribed institution has applied any assets of a trust fund to meet liabilities or expenses not properly attributable to that trust fund, direct the prescribed institution to charge such liabilities or expenses to the assets of the relevant trust fund or the assets of the prescribed institution.

(Deleted by Act A1502).

Investment of trust fund