Malaysia legislation

Section 47

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

Section 47

Amendment of section 78

(a)

by substituting for subsection (3) the following subsection:

“(3)  If the officer effecting any notice or order under subsection (2) is satisfied, for reasons to be recorded by him in writing, that the notice or order cannot be served in the manner provided in paragraph (2)(a), (b) or (c), the notice or order shall be served by affixing the notice or order on a conspicuous place at the immovable property, if any, in relation to which the notice or order is issued or made, or on a conspicuous part of the premises in which the person for whom the notice or order is intended is known to have last resided, to have been last employed or to have last carried on business.”; and

(b)

in subsection (4), by deleting the words “, and by publishing the notice or order in one newspaper circulating in the area in which the last-known place of business is situated”.

Substitution of section 83

Section 47 — ANTI-MONEY LAUNDERING, ANTI-TERRORISM FINANCING AND PROCEEDS OF UNLAWFUL ACTIVITIES (AMENDMENT) ACT 2025