Stamp Act 1949 s 67

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s 67 Penalty for not making out policy other than on sea insurance or making one not duly stamped

Any person who— (a) receives, or takes credit for any premium or consideration for any insurance other than a sea insurance, and does not within one month after receiving or taking credit for the premium or consideration make out and execute a duly stamped policy of insurance; or (b) makes, executes, or delivers out, or pays or allows in account, or agrees to pay or allow in account, any money upon or in respect of any policy other than a policy of sea insurance which is not duly stamped, shall be liable to a fine not exceeding one thousand ringgit. Provided that on application and for good cause shown by any person the Minister of Finance may extend the period mentioned in paragraph (a) of this section to a period not exceeding three months in favour of such person.

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Find Act 378 on lom.agc.gov.my ↗

Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated.

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

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