Malaysia legislation
Section 46
of ANTI-MONEY LAUNDERING AND ANTI-TERRORISM FINANCING (AMENDMENT) ACT 2014
Section 46
Section 52 of the principal Act is amended—
(a)
by inserting after subsection (1) the following subsection:
“(1a) The investigating officer effecting the seizure shall send a notice of the seizure to the Public
Prosecutor forthwith.”; and
(b)
by substituting for subsection (6) the following subsection:
“(6) Any person who contravenes this section 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 seven years or to both, and, in the case of a continuing offence, shall in addition be liable to a fine not exceeding five thousand ringgit for each day or part thereof during which the offence continues to be committed.”.
New section 52a