Malaysia legislation
Section 42
Section 42
Section 65c of the principal Act is amended—
(a)
in subsection (1)—
(i)
by substituting for the words “the property of a licensed manufacturer” the words “the property of a licensee under this Part”;
(ii)
by substituting for the words “assets of the licensed manufacturer” the words “assets of the licensee”; and
(iii)
by substituting for the words “or manufactured by the licensed manufacturer” the words “by the licensee”;
(b)
in subsection (2a)—
(i)
by inserting after the words “subsection (1)” the words “or (2b)”; and
(ii)
by substituting for the words “ten thousand ringgit” the words “fifty thousand ringgit or to imprisonment for a term not exceeding three years or to both”; and
(c)
by inserting after subsection (2a) the following subsection:
“ (2b) A receiver shall furnish all relevant documents, books and records which are in his possession to the proper officer of customs for the purpose of calculating all duties payable under the Act.”.
Amendment of section 65d