Malaysia legislation

Section 40

of ANTI-MONEY LAUNDERING AND ANTI-TERRORISM FINANCING (AMENDMENT) ACT 2014

Section 40

Section 45 of the principal Act is amended—

(a)

in subsection (1)—

(i)

by inserting after the words “relating to” the words

“the commission of”; and

(ii)

by inserting after the words “terrorist property”

the words “, proceeds of an unlawful activity or instrumentalities of an offence”;

(b)

by inserting after subsection (3) the following subsections:

“(3a)  However no service under subsection (3)

shall be required where such seizure is made in the presence of the person against whom proceedings under this Act are intended to be taken, or in the presence of the owner of such property or his agent, or in the case of a ship or an aircraft, in the presence of the master or pilot, as the case may be.

(3b)

The investigating officer effecting the seizure shall send a copy of the list of the movable property seized to the Public Prosecutor forthwith.”; and

(c)

in subsection (4), by substituting for the words “subsection

(2)

” the words “subsection (1)”.

Amendment of section 46