Malaysia legislation

Section 54

of DEVELOPMENT FINANCIAL INSTITUTIONS (AMENDMENT) ACT 2015

Section 54

Subsection 62(2) of the principal Act is amended—

(a)

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

and

(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”.

Amendment of section 63

Section 54 — DEVELOPMENT FINANCIAL INSTITUTIONS (AMENDMENT) ACT 2015