Malaysia legislation

Section 33

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

Section 33

Section 52a of the principal Act is amended—

(a)

by substituting for the words “twelve months”

wherever appearing the words “eighteen months”; and

(b)

by inserting after the words “an offence under this Act”

the words “or no prosecution for any offence under this Act has been instituted with regard to any property seized under such order”.

Amendment of section 53

Section 33 — ANTI-MONEY LAUNDERING, ANTI-TERRORISM FINANCING AND PROCEEDS OF UNLAWFUL ACTIVITIES (AMENDMENT) ACT 2025