s 72 Duties of the borrower
(1) A borrower shall— (a) use its best endeavours to carry on and conduct its business in a proper and efficient manner; (b) provide a copy of the trust deed to— (i) a debenture holder; (ii) the trustee; or (iii) any other person as may be allowed by the Commission, if they request a copy and upon payment of such reasonable sum as may be imposed by the borrower; (c) make all of its financial and other records available for inspection by— (i) the trustee; (ii) an officer or employee of the trustee authorized by the trustee to carry out the inspection; or (iii) an approved company auditor appointed by the trustee to carry out the inspection, and give any person carrying out the inspection any information, explanation or other assistance that the person may require; and (d) comply with any direction issued by the Commission under subsection 89(1). (2) A borrower who contravenes— (a) paragraph (1)(a) shall not be guilty of an offence; (b) paragraph (1)(b) or (1)(c) shall be guilty of an offence and shall on conviction be liable to a fine not exceeding fifty thousand ringgit; (c) paragraph (1)(d) shall be guilty of an offence. (3) Where a borrower contravenes paragraph (1)(b) or (1)(c), the Commission may direct the borrower to comply with the provisions of those paragraphs. (4) A borrower who fails to comply with a direction of the Commission issued pursuant to subsection (3) shall be guilty of an offence.