Malaysia legislation
Section 53
Section 53
The principal Act is amended by substituting for section 135
the following section:
“Destruction, concealment, mutilation and alteration of records 135.
(a)
destroys, conceals, mutilates or alters;
(b)
causes another person to destroy, conceal, mutilate or alter; or
(c)
sends or attempts to send or conspires with any other person to remove from his premises or send out of
Malaysia, any document, record or account with intent to defraud any person, or to prevent, delay or obstruct the carrying out of an examination, audit or investigation, or the exercise of any function or power under the securities laws shall be guilty of an offence and shall, on conviction, be punished with imprisonment for a term not exceeding ten years and shall also be liable to a fine not exceeding ten million ringgit.”.
Substitution of section 148