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mylaw.myby aturio
In forceUpdated to 1 Oct 2015Read it in Bahasa Malaysia
Contents

Part II · Licensing

10. Conditions of licence

(1)

Notwithstanding any other provisions of this Act, the Bank may, at any time—

(a)

amend or revoke any condition imposed under this Act; or

(b)

impose a limit on any condition imposed under this Act so as to expire on a specified date.

(2)

Notwithstanding any other provisions of this Act, the Bank may, at any time, impose any new conditions on a licence.

(3)

A licensee who fails to comply with any condition imposed under subsection (2) commits an offence and shall, on conviction, be liable to a fine not exceeding five million ringgit or to imprisonment for a term not exceeding ten years or to both.

Report

Read on from s 11

Part III

Read on from Part III

Part IV

Remittance Business

Read on from Part IV

Part V

Money Services Business Agents

Read on from Part V

Part VI

Examination

Read on from Part VI

Part VII

Investigation and Enforcement

Read on from Part VII

Part VIII

Other Powers of the Bank

Read on from Part VIII

Part IX

Miscellaneous

Read on from Part IX

Part X

Repeal, Savings and Transitional

Read on from Part X

Schedules