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Section 12F

Duty of intermediation business licensee to keep records, etc.

of Land Public Transport Act 2010

ActIn forceProvision 15 of 244
Section 12F
(1)

It shall be the duty of an intermediation business licensee to keep such accounts and records as required by the regulations made under paragraph 252(1)(tl) in relation to the licence issued to him.

(2)

An intermediation business licensee who fails to comply with 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.

Duty of intermediation business licensee to inform Director