Malaysia legislation

Section 38

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

Section 38

Section 59 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”; and

(ii)

by inserting after paragraph (b) the following paragraph:

“(ba)  proliferator property;”;

(b)

in subsection (3)—

(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;”; and

(c)

in subsection (4)—

(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

Anti-Money Laundering, Anti-Terrorism

Financing and Proceeds of Unlawful

Activities (Amendment)

(ii)

by inserting after paragraph (b) the following paragraph:

“(ba)  proliferator property;”.

Amendment of section 61

Section 38 — ANTI-MONEY LAUNDERING, ANTI-TERRORISM FINANCING AND PROCEEDS OF UNLAWFUL ACTIVITIES (AMENDMENT) ACT 2025