Section 18
Amendment of section 18
of Development Financial Institutions (Amendment) Act 2015
Amendment ActIn forceProvision 18 of 189
Section 18
Section 18 of the principal Act is amended by substituting for subsection (3) the following subsection:
“(3) Any person who contravenes subsection (1) or any prescribed institution that contravenes subsection (2) commits an offence and shall on conviction be liable to imprisonment for a term not exceeding eight years or to a fine not exceeding twenty-five million ringgit or to both.”.
Amendment of section 19