Malaysia legislation

Section 72

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

Section 72

Amendment of section 84

(a)

in paragraph (c)—

(i)

by substituting for the words “one million” the words “three million”; and

(ii)

by substituting for the words “one year” the words

“five years”; and

(b)

in paragraph (d), by substituting for the words “one thousand ringgit for each day that the offence continues after conviction” the words “five thousand ringgit for each day or part thereof during which the offence continues to be committed”.

Amendment of section 86

Section 72 — ANTI-MONEY LAUNDERING AND ANTI-TERRORISM FINANCING (AMENDMENT) ACT 2014