Skip to content
mylaw.myby aturio
In forceAs enactedRead it in Bahasa Malaysia
Contents

Part XIV · Offences

Section 103

(1)

Any person who contravenes—

(a)

any provision of this Act set out in the second column of the Fourth Schedule; or

(b)

any specification or requirement made, or any order in writing, direction, instruction, or notice, given, or any limit, term, condition or restriction imposed, or any other thing howsoever done, in the exercise of any power conferred under, pursuant to, or by virtue of, any provision of this Act set out in the third column of the Fourth Schedule, shall be guilty of an offence under such provision and shall on conviction be liable to be punished with imprisonment not exceeding the term set out in the fourth column of the Fourth Schedule or with a fine not exceeding the amount set out in the fifth column of the Fourth Schedule, or with both such imprisonment and fine, and in the case of a continuing offence, shall, in addition, be liable to be punished with a daily fine not exceeding the amount set out in the sixth column of the Fourth Schedule for every day during which the offence continues:

Provided that where the person found guilty of such offence is a body corporate, the punishment of imprisonment set out in the fourth column of the Fourth Schedule shall not apply to it.

(2)

The Minister may, on the recommendation of the Bank, from time to time, by order published in the Gazette, amend the Fourth Schedule—

(a)

by deleting the whole of any item therein, whereupon the provisions of section 104 shall apply to the offence specified in that item;

(b)

by adding a new item thereto and providing the fines therefor under the fifth and sixth columns of that Schedule which shall not be in excess of five hundred thousand ringgit and two thousand ringgit respectively;

(c)

by increasing or decreasing the amount of fines provided under the fifth and sixth column, respectively, provided that the aggregate of increases from time to time of any fine provided in the fifth column shall not, in any case, be in excess of five hundred thousand ringgit or, in the case of a fine provided in the sixth column, be in excess of two thousand ringgit; or

(d)

to correct any error in the second or third column of that Schedule.

(3)

References to "this Act" in this section shall not include any regulations, order or other subsidiary legislation made under this Act.

Report

Read on from s 104

Part XV

General Provisions

Read on from Part XV

Part XVI

Read on from Part XVI

Schedules