Malaysia legislation
Section 98A
Section 98A
(1)
For the purposes of this Act or the subsidiary legislation made under this Act, the Commission may issue guideline, circular, directive, practice note or notice as it considers appropriate to regulate economic matters relating to the civil aviation industry and may impose any condition or restriction as the Commission thinks fit.
(2)
Every guideline, circular, directive, practice note or notice issued under this Act or the subsidirary legislation made under this
Act shall be published by the Commission in such manner as to ensure that the guideline, circular, directive, practice note or notice is brought to the attention of the person who has to comply with such guideline, circular, directive, practice note or notice.
(3)
The Commission may impose a financial penalty for any non-compliance of any guideline, circular, directive, practice note or notice issued under this section―
(a)
where such person is an individual, to an amount not exceeding one million ringgit; or
(b)
where such person is a body corporate, to an amount not exceeding five per cent of the body corporate’s annual turnover from the preceding financial year.
(4)
The Commission may revoke, vary, revise or amend the whole or any part of any guideline, circular, directive, practice note or notice issued under this section.
(5)
For the purpose of this section―
“financial year” means the period in respect of which any financial statement is made up whether that period is a year or not;
“annual turnover” means the aggregate of all sums received in the course of the business during financial year, as stated or otherwise shown in the accounts of the business, including grants from any
Federal Government or State Government.
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