Malaysia legislation
Section 19
Section 19
(2)
An application for the transfer or assignment of a licence or an interim licence shall be made to the Director General in such manner as the Director General shall determine and shall be accompanied by the prescribed fee.
(3)
Any licensee or interim licensee who contravenes subsection (1)
commits an offence and shall, on conviction, be liable—
(a)
where the licensee or interim licensee is an individual, to a fine not exceeding ten thousand ringgit; and
(b)
where the licensee or interim licensee is a body corporate, partnership or society, to a fine not exceeding thirty thousand ringgit.