Malaysia legislation

Section 26

of CAPITAL MARKETS AND SERVICES (AMENDMENT) ACT 2015

Section 26

Section 221 of the principal Act is amended—

(a)

in subsection (1), by deleting the words “under this Division or the Code”; and

(b)

by substituting for subsection (3) the following subsection:

“(3)  A person who contravenes subsection (1) commits 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 three million ringgit.”.

Capital Markets and Services (Amendment)

33

Amendment of section 222