Malaysia legislation

Section 5

of STRATEGIC TRADE (AMENDMENT) ACT 2017

Section 5

Amendment of section 11

(a)

in subsection (2)—

(i)

in paragraph (a), by substituting for subparagraph (ii)

the following subparagraph:

“(ii) in any other case, be punished with imprisonment for a term not exceeding ten years or with a fine not exceeding ten million ringgit or with both, and in the case of a body corporate, be punished with a fine not exceeding twenty million ringgit; or”; and

Strategic Trade (Amendment)

(ii)

by substituting for paragraph (b) the following paragraph:

“(b) in relation to strategic items other than arms or related material, be punished with imprisonment for a term not exceeding five years or with a fine not exceeding five million ringgit or with both, and in the case of a body corporate, be punished with a fine not exceeding ten million ringgit.”; and

(b)

by inserting after subsection (3) the following subsection:

“(4) In relation to strategic items, subsection (1) shall not apply to any person whose sole involvement is the provision of the following ancillary services:

(a)

transportation;

(b)

financial services;

(c)

insurance or re-insurance;

(d)

general advertisement; or

(e)

any other ancillary services as determined by the Controller.”.

Amendment of section 12

Section 5 — AKTA PERDAGANGAN STRATEGIK (PINDAAN) 2017