Malaysia legislation

Section 74

of DEVELOPMENT FINANCIAL INSTITUTIONS (AMENDMENT) ACT 2015

Section 74

Section 86 of the principal Act is amended—

(a)

by substituting for the shoulder note the following shoulder note:

“Appearance before Bank”;

(b)

in subsection (1)—

(i)

by substituting for the word “examiner” the word

“Bank”;

(ii)

by substituting for the words “his office” the words “such place and”; and

(iii)

by substituting for the word “he” the words “the

Bank”; and

(c)

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 eight years or to a fine not exceeding twenty-five million ringgit or to both.”.

New section 86a

Section 74 — DEVELOPMENT FINANCIAL INSTITUTIONS (AMENDMENT) ACT 2015