Malaysia legislation

Section 24

of ANTI-MONEY LAUNDERING, ANTI-TERRORISM FINANCING AND PROCEEDS OF UNLAWFUL ACTIVITIES (AMENDMENT) ACT 2025

Section 24

Section 44 of the principal Act is amended—

(a)

in subsection (1)—

(i)

by substituting for the words “or any terrorist property” the words “any terrorist property or proliferator property”; and

(ii)

in subparagraph (b)(i), by substituting for the words “subsection 4(1) or a terrorism financing offence” the words “subsection 4(1) or 4a(2), a terrorism financing offence or a restricted activity financing offence”;

(b)

by deleting subsection (8); and

(c)

in subsection (9), by deleting the words “(if any), as the case may be,”.

Amendment of section 44a

Section 24 — ANTI-MONEY LAUNDERING, ANTI-TERRORISM FINANCING AND PROCEEDS OF UNLAWFUL ACTIVITIES (AMENDMENT) ACT 2025