75. Offences relating to the documents of Labuan foundation

Any person who makes a statement in any document, material, evidence or information which is required to be kept or which is required to be served on the Authority under this Act that is false or misleading with respect to any material fact or that omits to state any material fact commits an offence and shall, upon conviction, be liable to a fine not exceeding one million ringgit or to imprisonment for a term not exceeding three years or to both.