Price Control and Anti-Profiteering Act 2011 · Updated to 1 Nov 2018 · Part VIII · General
58. Compounding of offences
Official textFrom Laws of Malaysia Online, unchanged
The Controller may, with the consent in writing of the
Public Prosecutor, compound any offence committed by any person under this Act by making a written offer to the person suspected to have committed the offence to compound the offence upon payment to the Controller of an amount not exceeding fifty per centum of the amount of maximum fine for that offence within such time as may be specified in the written offer.
Price Control and Anti-Profiteering 35
price
“price” means any amount of money or any form of consideration given in exchange for any goods;
An offer under subsection (1) may be made at any time after the offence has been committed but before any prosecution for it has been instituted, and if the amount specified in the offer is not paid within the time specified in the offer or such extended time as the Controller may grant, prosecution for the offence may be instituted at any time after that against the person to whom the offer was made.
Where an offence has been compounded under subsection (1), no prosecution shall be instituted in respect of the offence against the person to whom the offer to compound was made, and any book, record, accounts, document, computerized data, goods and thing seized in connection with the offence may be released by the Controller, subject to such terms and conditions as the
goods
“goods” means property of every kind, whether tangible or intangible, whether moveable or immoveable, but excludes money and choses-in-action;
Controller thinks fit to impose in accordance with the conditions of the compound.
All sums of money received by the Controller under this section shall be paid into the Federal Consolidated Fund.
Terms defined in s 2
goods
Defined · s 2“goods” means property of every kind, whether tangible or intangible, whether moveable or immoveable, but excludes money and choses-in-action;
price
Defined · s 2“price” means any amount of money or any form of consideration given in exchange for any goods;