Section 9
Submission of particulars by previous directors
of Bank Kerjasama Rakyat Malaysia Berhad (Special Provisions) Act 1978
The Board may from time to time require any previous director to submit to it, within such time as it may allow, a signed statement of particulars concerning such matters relating to the affairs of the Bank as the Board may specify, including matters relating to—
(a)
the assets of the Bank;
(b)
the debts and liabilities of the Bank;
(c)
the debts and liabilities owing to the Bank;
(d)
the creditors and debtors of the Bank.
(2)
Any previous director who, without reasonable excuse—
(a)
fails, within the time allowed by the Board, to submit to the Board a statement as required by the Board under subsection (1) and signed by him; or
Bank Kerjasama Rakyat Malaysia Berhad (Special Provision) 13
(b)
in submitting a statement, fails to set out the particulars in the manner specified by the Board or omits certain particulars required by the Board; or
(c)
submits a statement containing any incorrect or untrue particulars, shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding two thousand ringgit or to imprisonment for a term not exceeding twelve months or to both.