Section 12E

An intermediation business licensee who contravenes subsection (1) commits an offence and shall, on conviction, be liable to a fine of not less than one thousand ringgit but not more than ten thousand ringgit or to imprisonment for a term not exceeding one year or to both.

Notwithstanding paragraph 12D(1)(c), the Director General of

Land Public Transport may, in the event of the death, incapacity, bankruptcy or, in the case of a company, liquidation of the intermediation business licensee or, where a receiver or manager is appointed in relation to the business of providing intermediation business of such intermediation business licensee or, where for any reason the Director General of Land Public Transport is satisfied that it would be unjust not to do so, authorize the transfer of such licence.

Duty of intermediation business licensee to keep records, etc.