Section 5
Section 11 of the principal Act is amended—
of Strategic Trade (Amendment) Act 2017
(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