Money Services Business Act 2011 · s 46

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?Wrong or mistyped wordsWrong structure or numberingWrong title or detailsText that appears twice

What should change, and whyUp to 2,000 characters.The text as it should read (optional)Edit the text above. Up to 20,000 characters.Where you checked it (optional)A link to the official version, if you have one.

The text as we hold it

Open the official text

s 46Money services business agents to comply with provisions of this Act, etc.

(1)

A money services business agent shall comply with the provisions of this Act and any other requirements as the Bank may prescribe.

(2)

A money services business agent who contravenes subsection

(1)

commits an offence.

(3)

Where an offence under this Act has been committed by a money services business agent, the licensee of that agent shall also be guilty of that offence unless the licensee proves to the satisfaction of the court that having regard to all the circumstances the licensee took all reasonable means and precautions to prevent such act or omission.

48 Laws of Malaysia