Malaysia legislation

Section 21

of BANK SIMPANAN NASIONAL BERHAD ACT 1997

Section 21

Bank Simpanan Nasional Berhad

(a)

a statement showing the assets and liabilities of the Bank in Malaysia; and

(b)

such further information, documents, statistics or returns as the Minister may specify.

(2)

Where the Bank operates any office outside Malaysia, the

Bank shall submit to the Minister such information relating to the operations of such office as may be specified by the Minister.

(3)

Any information received from the Bank under this section shall be regarded as secret.

(4)

Where the Bank fails to comply with subsection (1) or (2), it shall be guilty of an offence and shall on conviction be liable to a fine not exceeding one million ringgit and, in the case of a continuing offence, to a further fine not exceeding one thousand ringgit for each day during which the offence continues after conviction.