Section 10A
Requirement to publish register
(1)
A company or firm holding unclaimed moneys shall annually within the month of March, before the register of unclaimed moneys and the unclaimed moneys reported in the register are lodged with the Registrar under subsection 10(2), submit a copy of the register, which shall include a record of unclaimed moneys held up to
Unclaimed Moneys 13
the last day of December of the previous year, for publication by way of electronic medium or by way of an electronic transmission.
(2)
Any company or firm which fails to comply with subsection (1)
shall be guilty of an offence and shall be liable, on conviction, to a fine not exceeding twenty thousand ringgit and shall, in the case of a continuing offence, be liable to a further fine not exceeding one thousand ringgit for each day during which the offence continues.