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Section 29

Refusal to produce books

of Trust Companies Act 1949

ActIn forceProvision 29 of 38
Section 29

Any director, officer or servant of a trust company who refuses to produce for examination to any person appointed under this Act to investigate the affairs and management of the company all books and documents relevant to such investigation which are in his custody or control shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding five hundred ringgit or to imprisonment for a term not exceeding twelve months or to both.

Neglect to forward annual statement