Anti-Money Laundering and Anti-Terrorism Financing (Amendment) Act 2014 · As enacted
Official textFrom Laws of Malaysia Online, unchanged
Section 26 of the principal Act is amended—
in paragraph (1)(b), by substituting for the words “client,”
the word “customer”; and
in subsection (2)—
by substituting for the words “one million” the words “three million”;
by substituting for the words “one year” the words
“five years”; and
by substituting for the words “to a further fine not exceeding one thousand ringgit for each day during which the offence continues after conviction” the words “shall in addition be liable to a fine not exceeding three thousand ringgit for each day or part thereof during which the offence continues to be committed”.