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Division 4

49. Amendment of section 53

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Subsection 53(2) of the principal Act is amended—

(a)

by substituting for the word “five” the words “twenty-five”;

and

Development Financial Institutions (Amendment)

(b)

by deleting the words “and, in the case of a continuing offence, to a further fine not exceeding five thousand ringgit for each day during which the offence continues after conviction”.

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