Money Services Business Act 2011 · s 24

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s 24Name to be affixed outside office

(1)

A licensee shall at all times affix or paint, conspicuously and legibly, on the outside of each of its offices—

(a)

its name; and

(b)

in the case of a licensee who carries on money services business, in the national language the words “Perniagaan

Perkhidmatan Wang Berlesen”; or

(c)

in the case of a licensee who carries on money-changing business, remittance business or wholesale currency business as a sole purpose business under section 19, in the national language the words “Pengurup Wang”,

“Pengirim Wang” or “Peniaga Mata Wang Borong”, as the case may be.

(2)

A licensee shall display its name and the nature of its business in accordance with subsection (1) for any dealing carried out through any electronic means or mobile services.

Money Services Business 31

(3)

A licensee who contravenes subsection (1) or (2) commits an offence.