Section 21A
of Housing Development Control And Licensing Enactment 1978
State EnactmentIn forceProvision 55 of 66
Section 21A
Any licensed housing developer or any other parties involved in the housing development who withdraw or cause to withdraw any money from the Housing Development Account for purposes not related to the implementation of the housing development shall be guilty of an offence and shall on conviction be liable to a fine not less than fifty thousand ringgit and not exceeding five hundred thousand ringgit or to imprisonment for a term not exceeding three years or to both.