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Section 24

Maintenance of documents and register

of Strategic Trade Act 2010

ActIn forceProvision 25 of 61
Section 24
(1)

A person who is granted a permit or registered as a broker under this Act shall in relation to the strategic items or restricted activities—

(a)

maintain a register in such form as may be prescribed; and

(b)

keep all documents for such period as may be prescribed.

(2)

The register shall—

(a)

be kept solely for the purpose of entering such records and information as may be prescribed;

(b)

be kept up to date and in good order and condition; and

(c)

be kept for such period as may be prescribed.

(3)

The person referred to in subsection (1) shall make the register available for inspection as and when required by an authorized officer.

(4)

A person who contravenes subsection (1), (2) or (3) commits an offence and shall, on conviction, be punished with a fine not exceeding one million ringgit or with imprisonment for a term not exceeding two years or with both, and in the case of a body corporate, be punished with a fine not exceeding two million ringgit.

34 Laws of Malaysia