Malaysia legislation

Section 51

of CURRENCY ACT 2020

Section 51

(2)

The decision of the Bank under subsection 50(3) in respect of an action taken under paragraph 48(1)(c) shall not take effect until the appeal is disposed of.

(3)

The Monetary Penalty Review Committee may decide to confirm the decision of the Bank or require the Bank to reconsider and reach a decision in accordance with the findings of the Committee.

Criminal action

Offence by person acting in official capacity