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In forceUpdated to 2 Jan 2025Read it in Bahasa Malaysia
Contents

Part III · Authorization

13. Additional conditions of licence or approval

(1)

The Minister, upon the recommendation of the Bank, in the case of a licence granted under section 10, or the Bank in the case of an approval granted under section 11, may at any time in writing amend or revoke any existing condition of an authorization or impose any new conditions thereto.

(2)

Any authorized person who fails to comply with any of the conditions imposed by the Minister or the Bank, as the case may be, under subsection (1) or 10(4), paragraph 11(2)(a) or subsection 12(3) commits an offence and shall, on conviction, be liable to imprisonment for a term not exceeding five years or to a fine not exceeding ten million ringgit or to both.

Report

Part IV

Shariah Requirements

Part V

Payment Systems

Part VI

Prudential Requirements

Part VII

Ownership, Control and Transfer of Business

Part VIII

Financial Groups

Part VI

Part VI—

Part IX

Business Conduct and Consumer Protection

Part X

Islamic Money Market and Islamic Foreign Exchange Market

Part XI

Submission of Document or Information

Part XII

Examination

Part XIII

Directions of Compliance

Part XIV

Intervention and Remedial Action

Part XV

Other Powers of Bank

Part XVI

Enforcement and Penalties

Part XVII

General Provisions

Part XVIII

Repeal, Savings and Transitional

Schedules