Malaysia legislation
Section 59
Section 59
The principal Act is amended by inserting after section 88
the following sections:
“Deferred payment 88a. (1) The Director General may, subject to such terms and conditions as he deems fit, approve any person to defer the payment of customs duty due and payable under sections 78a and 80, and for such purpose determine the due date for the customs duty to be paid.
(2)
The Director General may suspend or withdraw such approval or vary any of the terms or conditions under which the approval was given and vary the due date on which the customs duty is to be paid.
(3)
Any person who fails to pay to the Director General the amount of customs duty due and payable on the due date under subsection (1) or (2) shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding fifty thousand ringgit or to imprisonment for a term not exceeding three years or to both.
Customs (Amendment)
55
Simplified procedures for accredited person 88b. (1) The Director General may approve any person to be an accredited person to benefit from simplified procedures for customs clearance as determined by the Director General subject to such terms and conditions as he deems fit to impose.
(2)
The Director General may suspend or withdraw the approval granted under subsection (1) or vary or revoke the terms and conditions.”.
Deletion of section 91a