Section 43
Substitution of section 369
of Capital Markets and Services (Amendment) Act 2015
The principal Act is amended by substituting for section 369 the following section:
“False or misleading statement to Commission, exchange or approved clearing house, etc.
Quoted provision
Section 369
A person who—
(a)
with intent to deceive, makes, furnishes or lodges;
or
(b)
knowingly causes, authorizes or permits the making, furnishing or lodging of, any statement, information or document that is false or misleading, to the Commission, a stock exchange, a derivatives exchange or an approved clearing house relating to—
(A)
dealings in securities or derivatives;
(B)
the affairs of a listed corporation;
(C)
any matter or thing required by the Commission for the due administration of this Act;
(D)
any requirement imposed by the Commission under any guideline, practice note, written notice or term and condition; or
(E)
any requirement under the rules of a stock exchange, derivatives exchange, or approved clearing house, commits an offence and shall, on conviction, be punished with imprisonment for a term not exceeding ten years and
Capital Markets and Services (Amendment)
47
shall also be liable to a fine not exceeding three million ringgit.”.