Malaysia legislation
Section 11
Section 11
Section 14 of the principal Act is amended—
(a)
in the shoulder note, by inserting after the words “franchise broker” the words “or franchise consultant”;
(b)
in subsection (1), by substituting for paragraph (a)
the following paragraph:
“(a) by submitting the application in such form as may be determined by the Registrar together with the prescribed fee; and”;
(c)
by inserting after subsection (3) the following subsection:
“(3a) Upon approving the application under subsection (1), the Registrar may require the applicant to pay such amount of fee as may be prescribed.”;
(d)
by deleting subsections (5a) and (5b); and
(e)
by inserting after subsection (6) the following subsection:
“(7) Any franchise broker or franchise consultant who fails to comply with subsection (1) commits an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit, and for a second or subsequent offence, to a fine not exceeding twenty-five thousand ringgit.”.
Franchise (Amendment)
9
New sections 14a and 14b