Anti-Money Laundering and Anti-Terrorism Financing (Amendment) Act 2014 · s 46

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s 46Amendment of section 52

Section 52 of the principal Act is amended—

(a)

by inserting after subsection (1) the following subsection:

“(1a) The investigating officer effecting the seizure shall send a notice of the seizure to the Public

Prosecutor forthwith.”; and

(b)

by substituting for subsection (6) the following subsection:

“(6) Any person who contravenes this section commits an offence and shall on conviction be liable to a fine not exceeding five million ringgit or to imprisonment for a term not exceeding seven years or to both, and, in the case of a continuing offence, shall in addition be liable to a fine not exceeding five thousand ringgit for each day or part thereof during which the offence continues to be committed.”.