Section 192

willfully or recklessly makes a misrepresentation in any document or material or records required to be filed, supplied or delivered under this Act;

makes any statement or gives any information required under this Act that he knows to be false or misleading;

Labuan Financial Services and Securities 181

knowingly fails to disclose any fact or information required to be disclosed under this Act; or

being in charge of, or having alone or with another or others possession of or control over, any information, records, books or other documents referred to in the provisions of this Act refuses or willfully neglects to comply with any lawful direction given under such provisions, commits an offence and shall, on conviction, be liable to a fine not exceeding one million ringgit or to imprisonment for a term not exceeding three years or to both.

Enforcement