Malaysia legislation

Section 48

of DEVELOPMENT FINANCIAL INSTITUTIONS (AMENDMENT) ACT 2015

Section 48

Amendment of section 52

Section 52 of the principal Act is amended by substituting for subsection (3) the following subsection:

“(3)  Any person who contravenes subsection (1) or (2)

commits an offence and shall on conviction be liable to imprisonment for a term not exceeding eight years or to a fine not exceeding twenty-five million ringgit or to both.”.