Malaysia legislation
Section 6
of Businesses, Professions and Trade Licensing Ordinance, 1955
Section 6
(2)
Where payment is being effected by instalments, each instalment shall become due and payable without demand on the dates specified in the licence.
[Sub. Act A154.]
(3)
If any instalment which has become due is not paid by the 16th of the month succeeding that in which it became due, a surcharge equal to the amount of the instalment shall be payable.
[Sub. Ord. No. 15/60.]
(4)
If any instalment which has become due is not paid by the end of the month succeeding that in which it became due, a surcharge of double the amount of the instalment shall be payable and the business shall, for the purposes of section 3(1), be deemed to be one in respect of which no licence is in force.
[Sub. Ord. No. 15/60.]
(5)
In any case in which an offence against section 3 has been committed by reason of the fact that a licence has ceased to be in force by virtue of this section, the Collector may, with the consent of the ex-licensee, compound the offence by accepting a payment not exceeding one hundred ringgit.
[Sub. Ord. No. 15/60; Am. Act A154.]
Fees