Malaysia legislation

Section 9

of Sabah Renewable Energy Recovery Moneys Distribution Licensee Rules 2024

Section 9

Refund of overpayment

(2)

The distribution licensee shall pay the overpayment under subrule (1) without any interest within thirty days from the date of receipt of the notification by the distribution licensee.

(3)

If a distribution licensee discovers that there has been an overpayment to it from the Fund other than an overpayment under paragraph 5(7)(b), the distribution licensee shall, as soon as possible, notify the Commission in writing of the overpayment and refund the overpayment to the Fund without any interest within thirty days from the date of its notification to the Commission.

(4)

A distribution licensee who fails to comply with subrule (2) or (3) commits an offence and shall, on conviction, be liable to a fine not exceeding three hundred thousand ringgit or to an imprisonment for a term not exceeding three years or to both.

Payment of shortfall

Section 9 — Sabah Renewable Energy Recovery Moneys Distribution Licensee Rules 2024