Malaysia legislation
Section 51
Section 51
(a)
be different persons and act independently of each other;
(b)
not be a related corporation of the other; and
(c)
not have executive directors or other officers in common.
(2)
Any person who contravenes this section commits an offence and shall, on conviction, be liable to a fine not exceeding three million ringgit or to imprisonment for a term not exceeding five years or to both.