Section 20
Return of profits, etc., to be treated as confidential
of Labuan Business Activity Tax Act 1990
Any return of profits, statutory declaration or information made or received for the purposes of this Act shall be treated as confidential and shall not be communicated or disclosed to any person except for the purposes of this Act or with the written authority of the
Minister.
(2)
Where any official, whether during his employment or thereafter, contravenes subsection (1), he shall be guilty of an offence and shall, on conviction, be liable to a fine of not less than twenty thousand ringgit and not exceeding one million ringgit or to imprisonment for a term not exceeding two years or to both.
(3)
Any person who receives any return of profits, statutory declaration or information made or received for the purposes of this
Act, knowing or having reasonable ground to believe at the time when he receives it that such return, declaration or information is communicated or disclosed to him in contravention of this Act, shall
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not use such return, declaration or information or produce or disclose such return, declaration or information to any other person.
(4)
Any person who contravenes subsection (3) commits an offence and shall, on conviction, be liable to a fine of not less than twenty thousand ringgit and not exceeding one million ringgit or to imprisonment for a term not exceeding two years or to both.