Malaysia legislation
Section 23
of Rubber Industry Board Licensing And Permits Regulations 2015
Section 23
Maintenance and submission of records and documents
(1)
A licensee and a permit holder shall maintain an updated and true records of all transactions and related documents in relation to the licence and permit in the form and manner as determined by the Board.
(2)
The records and documents referred to in subregulation (1) shall be in the national language or the English language.
(3)
Every licensee and a permit holder referred to in subregulation (1) shall ensure that all records and documents are kept for a period of three years from the date of the last entry or execution of the records and documents.
(4)
The records and documents kept shall be made available for inspection by an enforcement officer at the premises specified in the licence and permit.
(5)
Every licensee shall submit to the Panel an updated and true quarterly or annual returns particulars or rubber, raw rubber or rubber seedlings produced, purchased or stock held or sold.
(6)
A person who contravenes this regulation 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 three months or to both.
Requirement to furnish information and document