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Section 26F

Duty of the holder of an intermediation business licence to keep records, etc.

of Commercial Vehicles Licensing Board Act 1987

ActIn forceProvision 37 of 81
Section 26F
(1)

It shall be the duty of the holder of an intermediation business licence to keep such accounts and records as required by the

Board under section 40 in relation to the intermediation business licence issued to him.

40 Laws of Malaysia ACT 334

(2)

A holder of an intermediation business licence who fails to comply with subsection (1) commits an offence and shall, on conviction, be liable to a fine of not less than one thousand ringgit but not more than ten thousand ringgit or to imprisonment for a term not exceeding one year or to both.

Duty of the holder of an intermediation business licence to inform