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Section 20

Section 21 of the principal Act is amended—

of Development Financial Institutions (Amendment) Act 2015

Amendment ActIn forceProvision 20 of 120
Section 20

(a)

by substituting for subsection (2) the following subsection:

“(2)  Any person who fails to comply with an order under subsection (1) commits an offence and shall on conviction be liable to imprisonment for a term not exceeding one year or to a fine not exceeding five million ringgit or to both.”; and

(b)

by substituting for subsection (4) the following subsection:

“(4)  Any person who fails to comply with an order under subsection (3) commits an offence and shall on conviction be liable to imprisonment for a term not exceeding one year or to a fine not exceeding five million ringgit or to both.”.