Section 48

any other licence or operator’s licence that has been issued to it under this Act;

Land Public Transport 65

any financial interest whatsoever which it has in the business of any other person who provides services or facilities for land public transport within Peninsular

Malaysia; and

any such interest or right which any other person has in its business and any right which that other person has to nominate any director of the company of the applicant.

Where the applicant for a licence under this Chapter fails to disclose the information required under subsection (1), commits an offence and shall, on conviction, be liable to a fine not exceeding five thousand ringgit or to imprisonment for a term not exceeding one year or to both.

Transfer of licence prohibited