Section 34
Section 37 of the principal Act is amended—
of Anti-Money Laundering and Anti-Terrorism Financing (Amendment) Act 2014
(a)
in the shoulder note, by substituting for the words
“record, report or document” the words “document or information”;
(b)
by substituting for the words “record, report or document”
wherever they appear the words “document or information”;
and
(c)
in subsection (3)—
(i)
by substituting for the words “one million” the words “three million”;
(ii)
by substituting for the words “one year” the words
“five years”; and
(iii)
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”.
Amendment of section 38