Malaysia legislation

Section 41

of CURRENCY ACT 2020

Section 41

(2)

The Bank may require any person to submit any document or information as specified by the Bank relating to—

(a)

a registered currency processor or its currency processing business; or

(b)

a financial institution or its currency processing activities.

(3)

Where any person is required to submit any document or information under subsection (1) or (2), the person shall submit document or information that is correct, accurate, complete and not misleading.

(4)

Any person who contravenes subsection (1), (2) or (3)

commits an offence and shall, on conviction, be liable to a fine not exceeding fifty thousand ringgit.

Currency 25

Section 41 — AKTA MATA WANG 2020 | mylaw.my