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← Bank Simpanan Nasional Berhad Act 1997

Bank Simpanan Nasional Berhad Act 1997 s 43

Bank Simpanan Nasional Berhad Act 1997 s 43

s 43 Proof of compliance

(1) The Bank shall, at any time if called upon in writing by the Minister to do so, produce to the Minister all such evidence and provide all such information as the Bank may have relating to its compliance with any of the provisions of this Part, as the Minister may generally, or in relation to any particular case, require. (2) Subsection (1) shall be without prejudice to, and shall not in any manner derogate from, any other power conferred on the Minister or an investigating officer under this Act. (3) Where the Bank fails to comply with subsection (1), it shall not exceeding three million ringgit and, in the case of a continuing offence, to a further fine not exceeding three thousand ringgit for each day during which the offence continues after conviction. (4) Where the Bank is guilty of an offence under subsection (3), any person who at the time of the commission of the offence was a person responsible for the Bank shall also be guilty of that offence and shall on conviction be liable to a fine not exceeding three million ringgit or to imprisonment for a term not exceeding three years or to both and, in the case of a continuing offence, to a further fine not exceeding three thousand ringgit for each day during which the offence continues after conviction.

Read this section in the full act → · Open Part VIII →

Find Act 571 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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