Malaysia legislation
Section 22
Section 22
(2)
A licensee who assigns, sub-licenses or transfers his licence to any other person without the prior written approval of the
Director General commits an offence and shall, on conviction, be liable to a fine not less than twenty-five thousand ringgit and not exceeding fifty thousand ringgit or to imprisonment for a term not exceeding two years or to both.
Suspension and revocation of licence