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

Part XI · Submission of Document or Information

155. Submission of document or information to Bank

(1)

Where under this Act or any written law, any person including—

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(a)

an authorized person;

(b)

an operator of a designated payment system;

(c)

a financial holding company;

(d)

a market participant;

(e)

an approved representative office;

(f)

an

Islamic financial institution prescribed under section 223;

(g)

an associate corporation or related corporation of a person referred to in paragraphs (a) to (f); or

(h)

a participant, user or any other person having dealings with a person referred to in paragraphs (a) to (f), is required to submit any document or information to the Bank, such person shall submit such document or information to the Bank.

(2)

Where, for the purposes of the exercise of any of its powers or the performance of any of its functions under this Act or any written law, the Bank requires any document or information from any person including a person referred to in subsection (1), such person shall submit such document or information to the Bank.

(3)

Any person who is required to submit any document or information under subsection (1) or (2) shall not submit any document or information—

(a)

which he knows, or has reason to believe, to be false or misleading in a material particular; or

(b)

which is inaccurate or incomplete in respect of which there is a material error or omission, or any recurring error or omission.

(4)

For the purposes of subsection (1) or (2), any document or information required to be submitted shall be submitted within a

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period, at such intervals, in the manner or form as may be specified by the Bank.

(5)

Any person complying with subsection (1) or (2) shall not be treated as being in breach of any contract, agreement or arrangement.

(6)

The Bank may require—

(a)

any document or information submitted under subsection (1) or (2) to be verified in such manner as may be specified by the Bank; or

(b)

any document produced to be certified as a true copy, by any person, including an auditor of a person referred to in subsection (1).

(7)

Subject to section 157, where a document or information obtained by the Bank under subsection (1) relates to the account or affairs of any customer of any person referred to in subsection (1), that document or information shall be secret as between the Bank and such person submitting the document or information.

(8)

Any person who contravenes paragraph (3)(a) commits an offence and shall, on conviction, be liable to imprisonment for a term not exceeding eight years or to a fine not exceeding twenty-five million ringgit or to both.

Report

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