Money Services Business Act 2011 · s 49

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49.
Examination of specific persons
(1)
In carrying out an examination of any licensee or money services business agent under section 48, the examiner may examine—
(a) a person who is, or was at any time, a director, chief executive officer or employee of that licensee or money services business agent, as the case may be;
(b) a person who is, or was at any time, a controller or shareholder of that licensee or money services business agent, as the case may be; or
(c) a person who is, or was at any time, having dealings, transactions or arrangements with that licensee or money services business agent, or acquainted with the facts and circumstances of the case, including the auditor of that licensee, and that person shall give such document or information as the examiner may require within such time and manner as he may specify.
(2)
An auditor who is subject to an examination under this section shall not be liable for breach of a contract relating to or duty of, confidentiality for giving a document or information to the examiner.
(3)
Any person who contravenes subsection (1) commits an offence.

52                                          Laws of Malaysia

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s 49Examination of specific persons

(1)

In carrying out an examination of any licensee or money services business agent under section 48, the examiner may examine—

(a)

a person who is, or was at any time, a director, chief executive officer or employee of that licensee or money services business agent, as the case may be;

(b)

a person who is, or was at any time, a controller or shareholder of that licensee or money services business agent, as the case may be; or

(c)

a person who is, or was at any time, having dealings, transactions or arrangements with that licensee or money services business agent, or acquainted with the facts and circumstances of the case, including the auditor of that licensee, and that person shall give such document or information as the examiner may require within such time and manner as he may specify.

(2)

An auditor who is subject to an examination under this section shall not be liable for breach of a contract relating to or duty of, confidentiality for giving a document or information to the examiner.

(3)

Any person who contravenes subsection (1) commits an offence.

52 Laws of Malaysia