Malaysia legislation
Section 30
Section 30
(2)
Any licensee, launch permit holder or launch certificate holder who contravenes subsection (1) commits an offence and shall, on conviction, be liable—
(a)
where such person is an individual, to a fine not exceeding one million and five hundred thousand ringgit or to imprisonment for a term not exceeding five years or to both; or
(b)
where such person is a body corporate, to a fine not exceeding three million ringgit.
(3)
Notwithstanding subsection (1), a licence may be transferred to any other person upon authorization by the Board—
(a)
if a written application is made to the Board by the licensee; and
(b)
if the Board is satisfied that the person to whom the licence is to be transferred has the necessary financial and technical resources to comply with the conditions or additional conditions of the licence.
Suspension or revocation of licence, etc.