Malaysia legislation

Section 43

of CAPITAL MARKETS AND SERVICES (AMENDMENT) ACT 2015

Section 43

The principal Act is amended by substituting for section 369 the following section:

Quoted provision

Section 369

A person who—

(a)

with intent to deceive, makes, furnishes or lodges;

or

(b)

knowingly causes, authorizes or permits the making, furnishing or lodging of, any statement, information or document that is false or misleading, to the Commission, a stock exchange, a derivatives exchange or an approved clearing house relating to—

(A)

dealings in securities or derivatives;

(B)

the affairs of a listed corporation;

(C)

any matter or thing required by the Commission for the due administration of this Act;

(D)

any requirement imposed by the Commission under any guideline, practice note, written notice or term and condition; or

(E)

any requirement under the rules of a stock exchange, derivatives exchange, or approved clearing house, commits an offence and shall, on conviction, be punished with imprisonment for a term not exceeding ten years and

Capital Markets and Services (Amendment)

47

shall also be liable to a fine not exceeding three million ringgit.”.

Deletion of section 371

Section 43 — AKTA PASARAN MODAL DAN PERKHIDMATAN (PINDAAN) 2015