Section 84
Control of advertisements issued by the Bank
of Bank Simpanan Nasional Berhad Act 1997
If the Minister is of the opinion that any statement made in an advertisement issued by the Bank is false, deceptive, offensive or misleading, the Minister may by notice in writing direct the
Bank to do all or any of the following:
(a)
cease the continued issue of the advertisement;
(b)
modify the advertisement in such manner as may be specified by the Minister;
(c)
cease the issue of any advertisement which is, wholly or substantially, a repetition of such advertisement;
(d)
take all practical steps to withdraw the advertisement from every and all publication or display of it; or
(e)
publish a statement in like manner as the advertisement issued earlier to retract or modify such advertisement.
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(2)
The Minister may revoke or amend any directions issued under subsection (1) by a notice in writing to the Bank.
(3)
Where the Bank fails to comply with subsection (1), 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.