Malaysia legislation

Section 21

of ACCESS TO BIOLOGICAL RESOURCES AND BENEFIT SHARING ACT 2017

Section 21

(a)

supplies, sells, offers or advertises for sale; or

(b)

offers for profit, gain or benefit,

Act 795

such biological resource or traditional knowledge associated with a biological resource to a person who requires a permit under this Act commits an offence.

(2)

Any person who commits an offence under subsection (1)

shall, on conviction, be liable—

(a)

where such person is an individual, to a fine not exceeding five hundred thousand ringgit, or to imprisonment for a term not exceeding ten years or to both; or

(b)

where such person is a body corporate, to a fine not exceeding five million ringgit.

Benefit sharing agreement