Malaysia legislation

Section 19

of DEVELOPMENT FINANCIAL INSTITUTIONS (AMENDMENT) ACT 2015

Section 19

Amendment of section 19

(a)

by substituting for subsection (6) the following subsection:

“(6)  Any person who fails to comply with any modification or condition imposed by the Minister under subsection (5) commits an offence and shall on conviction be liable to a fine not exceeding ten million ringgit.”; and

(b)

in subsection (8), by substituting for the word “one” the word “ten”.

Amendment of section 21

Section 19 — DEVELOPMENT FINANCIAL INSTITUTIONS (AMENDMENT) ACT 2015