Malaysia legislation

Section 10

of PERBADANAN PEMBANGUNAN EKONOMI SARAWAK ORDINANCE, 1958

Section 10

Penalty for false certificate

Every person who makes a false certificate for the purposes of paragraph 9 shall be guilty of an offence: Penalty, imprisonment for one year and a fine of two thousand ringgit.

Penalty for fraudulent offer of security 11.⎯(1)

No person shall offer to the Corporation as security for a loan applied for under this Ordinance any property which is not his own or which is already the subject of a charge created otherwise than in accordance with this

Ordinance, and every person shall, on application for a loan, disclose to the

Corporation the existence of any charge on the property offered as such security.

(2)

Every person who contravenes subparagraph (1) shall be guilty of an offence: Penalty, imprisonment for one year and a fine of two thousand ringgit.

Form of instrument of charge

Section 10 — PERBADANAN PEMBANGUNAN EKONOMI SARAWAK ORDINANCE, 1958