Malaysia legislation
Section 12
Section 12
Amendment of section 51
(a)
by renumbering the existing section as subsection (1); and
(b)
by inserting after subsection (1) as renumbered the following subsection:
“(2) Notwithstanding subsection (1), the amount standing to the credit of a member of the Fund under paragraph (1)(c) may be forfeited if the amount standing to the credit of such member is subject to an order of forfeiture by a court under the Anti-Money
Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 [Act 613].”.
Amendment of section 51a