Section 167
Assistance to the Corporation
of Capital Markets and Services (Amendment) Act 2012
A relevant person shall provide such assistance to the Corporation, or to a person acting on behalf of or with the authority of the Corporation, as the Corporation or such person reasonably requires, including the furnishing of such returns, and the provision of such information or documents relating to the operations of the relevant person or any other information or documents as the Corporation or such person may require for the purpose of determination of a claim under this Part.
(2)
The Corporation may, whether on its own motion or on application made by any claimant, summon and examine witnesses whom it considers to be material to its inquiry into a claim.
(3)
A person who refuses or fails, without lawful excuse, to assist the Corporation or a person acting on behalf of, or authorized by, the Corporation, in accordance with subsection
(1)
or (2) commits an offence and shall, on conviction, be liable to a fine not exceeding five hundred thousand ringgit or to imprisonment for a term not exceeding three years or to both.
Capital Markets and Services (Amendment)
23
Subrogation of the Corporation to rights and remedies of claimant upon payment from the Capital Market
Compensation Fund