Section 37

by renumbering the existing section as subsection (1);

in subsection (1) as renumbered, by inserting after the words “skills training loan” the words “or skills training financial assistance”; and

by inserting after subsection (1) as renumbered the following subsection:

“(2)  Any person who, in respect of whom a skills training loan or skills training financial assistance has been approved but before such skills training loan or skills training financial assistance is disbursed, makes any statement which he knows to be false, or he does not believe to be true, or intentionally suppresses any material fact, or furnishes any information which is misleading in any material particular, with the intention that the skills training loan or skills training financial assistance be disbursed to him, commits an offence and shall, on conviction, be liable to a fine not exceeding fifty thousand ringgit or to imprisonment for a term not exceeding one year or to both.”.

Skills Development Fund (Amendment)

25

Amendment of section 75