Section 69
Section 80 of the principal Act is amended—
of Development Financial Institutions (Amendment) Act 2015
(a)
by substituting for the shoulder note the following shoulder note:
“Liability where accounting records and information not kept”;
(b)
in subsection (1), by inserting after the words
“accounting records” wherever appearing the words
“or information”;
(c)
by inserting after subsection (1) the following subsection:
“(1a) For the purposes of subsection (1),
“accounting records” has the same meaning as in the
Companies Act 1965.”; and
(d)
by substituting for subsection (2) the following subsection:
“(2) Any person who contravenes 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.”.
Amendment of section 82