Section 20
Prohibition from melting down of currency coin
ActIn forceProvision 20 of 71
Section 20
(2)
The Bank may, in granting any authorization under subsection (1), impose any condition or restriction as the Bank deems fit.
(3)
Any person who contravenes subsection (1) or (2), commits an offence and shall, on conviction—
(a)
in the case of a natural person, be liable to a fine not exceeding fifty thousand ringgit or imprisonment for a term not exceeding one year or to both; or
(b)
in the case of a body, incorporated or unincorporated, be liable to a fine not exceeding one hundred thousand ringgit.