Development Financial Institutions Act 2002 · Updated to 6 Oct 2023 · Part IX · Miscellaneous
123. Regulations
Feedback & supportThe Minister may, on the recommendation of the Bank, make such regulations as are necessary or expedient to give full effect to or for carrying out the provisions of this Act.
Minister
“Minister” means the Minister for the time being charged with the responsibility for finance;
Without prejudice to the generality of subsection (1), regulations may be made—
to provide that any act or omission in contravention of any provision of such regulations shall be an offence; and
to provide for the imposition of penalties for such offences with imprisonment for a term not exceeding five years or a fine not exceeding ten million ringgit or to both.
(Deleted by Act A1502).
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