Malaysia legislation

Section 57

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

Section 57

Amendment of section 63

(a)

by deleting the word “or” at the end of subparagraph (i);

(b)

by substituting for subparagraph (ii) the following subparagraph:

“(ii) cannot be found or apprehended by the enforcement agency after reasonable effort to do so at the end of a period of six months from the date on which the investigation referred to in paragraph

(a)

was commenced;”; and

(c)

by inserting after subparagraph (ii) the following subparagraphs:

“(iii) evades an enforcement agency;

(iv)

has been charged with a serious offence and a warrant of arrest cannot be executed after reasonable effort to do so at the end of a period of six months from the date of issuance of the warrant of arrest; or

Anti-Money Laundering and Anti-Terrorism

Financing (Amendment)

(v)

has been charged with a serious offence and cannot be extradited by the enforcement agency after reasonable effort to do so at the end of a period of six months from the date of issuance of the warrant of arrest.”.

Amendment of section 66a

Section 57 — ANTI-MONEY LAUNDERING AND ANTI-TERRORISM FINANCING (AMENDMENT) ACT 2014