Anti-Money Laundering, Anti-Terrorism Financing, Anti-Restricted Activity Financing and Proceeeds of Unlawful Activities Act 2001 · Updated to 1 Mar 2026 · Part IV · Reporting Obligations
28A. Interpretation in relation to this Part
Feedback & supportIn this Part, unless the context otherwise requires—
“business day” means—
in States where Sunday is observed as the weekly holiday, a day other than a Saturday, Sunday or public holiday; or
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in States where Friday is observed as the weekly holiday, a day other than a Friday, Saturday or public holiday;
“bearer negotiable instrument” includes—
a traveller’s cheque;
any negotiable instrument in bearer form, endorsed without any restriction, made out to a fictitious payee or otherwise in such form that title of such instrument passes upon delivery; and
any negotiable instrument that is signed but the name of the payee is omitted;
“authorized officer” means an officer of customs or an officer authorized by the competent authority to perform or assist in the performance of its functions under this Part;
“officer of customs” has the same meaning as in the
Customs Act 1967 [Act 235];
“commercial goods carrier” means a person who, in the normal course of a business, carries goods or mail for reward, and includes his employee;
“commercial passenger carrier” means a person who, in the normal course of a business, carries passengers for reward, and includes his employee;
“cash” means coin and printed money (whether of Malaysia or of a foreign State) that—
is designated as legal tender; and
circulates as, and is customarily used and accepted as, a medium of exchange in the country of issue;
“printed money” means money comprising a note printed, written or otherwise made on polymer, paper or any other material.
Anti-Money Laundering, Anti-Terrorism 49
Financing, Anti-Restricted Activity Financing and Proceeds of Unlawful Activities
In determining whether an amount of cash or bearer negotiable instruments exceeds the value prescribed by the competent authority under this Part, such amount shall be converted to the currency prescribed by the competent authority at the rate of exchange applicable at the relevant time.
Persons leaving or entering Malaysia with cash or bearer negotiable instruments