Malaysia legislation

Section 28B

of *ANTI-MONEY LAUNDERING, ANTI-TERRORISM FINANCING, ANTI-RESTRICTED ACTIVITY FINANCING AND PROCEEEDS OF UNLAWFUL ACTIVITIES ACT 2001

Section 28B

(2)

For the purposes of this section, a person leaves or enters

Malaysia with cash or bearer negotiable instruments if the person brings the cash or bearer negotiable instruments with him in his accompanying baggage or on any conveyance or otherwise.

(3)

Any person who contravenes subsection (1) commits an offence and shall on conviction be liable to a fine not exceeding three

48 Laws of Malaysia million ringgit or to imprisonment for a term not exceeding five years or to both.

Movement of cash or bearer negotiable instruments by post, etc.

Read in full context — *ANTI-MONEY LAUNDERING, ANTI-TERRORISM FINANCING, ANTI-RESTRICTED ACTIVITY FINANCING AND PROCEEEDS OF UNLAWFUL ACTIVITIES ACT 2001 →