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Section 13

Amendment of section 12

of Development Financial Institutions (Amendment) Act 2015

Amendment ActIn forceProvision 13 of 120
Section 13

Section 12 of the principal Act is amended by substituting for subsection (3) the following subsection:

“(3)  Any person who contravenes subsection (1) or (2)

commits an offence and shall on conviction be liable to imprisonment for a term not exceeding ten years or to a fine not exceeding fifty million ringgit or to both.”.