Malaysia legislation

Section 31

of ANTI-MONEY LAUNDERING AND ANTI-TERRORISM FINANCING (AMENDMENT) ACT 2014

Section 31

Amendment of section 34

(a)

in paragraph (a), by inserting after the word “premises”

the words “or conveyance”;

(b)

in paragraph (e), by substituting for the words “record, report or document” the words “document or information”;

(c)

in paragraph (f), by substituting for the word “seized”

the word “detained”;

(d)

in paragraph (h)—

(i)

by substituting for the words “or seizure” the words

“or detention”;

(ii)

by substituting for the words “its seizure” the words “its detention”; and

(iii)

by substituting for the words “record, report or document” the words “document or information”;

(e)

by substituting for the words “one million” the words

“three million”;

(f)

by substituting for the words “one year” the words “five years”; and

(g)

by substituting for the words “to a further fine not exceeding one thousand ringgit for each day during which the offence continues after conviction” the words

“shall in addition be liable to a fine not exceeding three thousand ringgit for each day or part thereof during which the offence continues to be committed”.

Amendment of section 35