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7. Amendment of section 5

Section 5 of the principal Act is amended—

(a)

in subsection (1), by substituting for the words “money laundering” the words “a money laundering offence”;

and

(b)

by inserting after subsection (2) the following subsection:

Anti-Money Laundering and Anti-Terrorism

Financing (Amendment)

11

“(3)  Any person who knowingly discloses any false information under this section commits an offence and shall on conviction be liable to imprisonment for a term not exceeding five years and to a fine not exceeding one million ringgit.”.

Report

Read on from s 8