Malaysia legislation
Section 34
Section 34
Section 53 of the principal Act is amended—
(a)
in subsection (1)—
(i)
in paragraph (a), 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”;
(ii)
by inserting after paragraph (b) the following paragraph:
“(ba) proliferator property;”; and
(iii)
by substituting for the words “an application”
the words “an ex parte application”;
(b)
in subsection (2)—
(i)
in paragraph (a), 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”; and
(ii)
by inserting after paragraph (b) the following paragraph:
“(ba) proliferator property;”;
(c)
in subsection (3)—
(i)
by substituting for the words “expiration of twelve months” the words “expiration of eighteen months”; and
(ii)
by inserting after the words “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”; and
(d)
by inserting after subsection (3) the following subsections:
“(4) The Public Prosecutor may, before the expiration of the order under subsection (3), make an ex parte application supported by an affidavit to a judge of the High Court to extend the period of the order made under subsection (2).
(5)
The Court may allow the application to extend the period of the order made under subsection (4)
for a period not exceeding twelve months from the date of expiration of the order under subsection (3).”.
Anti-Money Laundering, Anti-Terrorism
Financing and Proceeds of Unlawful
Activities (Amendment)
25
Amendment of section 55