Section 14A
Renewal of registration of franchise broker or franchise consultant
A franchise broker who is still carrying on his business as a franchise broker or a franchise consultant who is still providing his services as a franchise consultant shall apply to the Registrar for renewal of his registration as a franchise broker or franchise consultant, as the case may be, in such form as may be determined by the Registrar together with the prescribed fee within thirty days from the expiration date of such registration.
(2)
An approval for the application made under subsection (1) may be subject to such conditions as the Registrar may impose.
(3)
Upon approving the application under subsection (1), the
Registrar may require the applicant to pay such amount of fee as may be prescribed.
(4)
Subsection 14(5) shall apply to the period of effectiveness of the registration of a franchise broker or franchise consultant which is renewed under this section.
(5)
Any franchise broker or franchise consultant who fails to comply with subsection (1) commits an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit, and for a second or subsequent offence, to a fine not exceeding twenty-five thousand ringgit.
20 Laws of Malaysia ACT 590