Section 79
Forms of documents, use of computer and other means for recording documents
The documents and records of a management company referred to in section 77 shall be—
(a)
in written form; or
(b)
in a form or manner, electronic or otherwise, that allows the documents and information to be easily accessible and reproduced into written form.
(2)
A management company shall take reasonable precautions to prevent documents and records kept in the form referred to in subsection (1) from being falsified.
(3)
If a management company discovers that a document or record has been falsified, the management company shall inform the
Registrar, and the Registrar shall have the power to direct the management company to—
(a)
amend, rectify or vary the document or record as may be necessary; or
(b)
take any other actions as the Registrar thinks fit.
(4)
The management company and every officer who contravene this section commit an offence and shall, on conviction, be liable to a fine not exceeding five hundred thousand ringgit or to imprisonment for a term not exceeding ten years or to both.