Section 28B
Persons leaving or entering Malaysia with cash or bearer negotiable instruments
Any person leaving or entering Malaysia with an amount in cash, bearer negotiable instruments or both exceeding the value as prescribed by the competent authority by order published in the
Gazette, shall declare such amount to the competent authority.
(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.