Money Services Business Act 2011 · s 14

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 14Licence to be forwarded to the Bank

(1)

A licensee shall forward the licence to the Bank within fourteen days from—

(a)

the date of the expiry of the licence;

(b)

the date the refusal to renew the licence takes effect under subsection 9(10); or

(c)

the date the revocation of the licence takes effect under subsection 12(6), as the case may be.

26 Laws of Malaysia

(2)

A licensee who contravenes subsection (1) commits an offence.