Malaysia legislation

Section 104

of DEVELOPMENT FINANCIAL INSTITUTIONS (AMENDMENT) ACT 2015

Section 104

Subsection 123(2) of the principal Act is amended—

(a)

in paragraph (a), by inserting after the semicolon at the end of the paragraph the word “and”;

(b)

in paragraph (b), by substituting for the words “which shall not exceed a fine of one million ringgit or imprisonment for a term not exceeding one year or both; and” the words “with imprisonment for a term not exceeding five years or a fine not exceeding ten million ringgit or to both.”; and

(c)

by deleting paragraph (c).

New sections 123a and 123b

Section 104 — DEVELOPMENT FINANCIAL INSTITUTIONS (AMENDMENT) ACT 2015