Anti-Money Laundering, Anti-Terrorism Financing, Anti-Restricted Activity Financing and Proceeeds of Unlawful Activities Act 2001 s 25
s 25 Examination of a reporting institution
(1) For the purposes of monitoring a reporting institution’s compliance with this Part, the competent authority may authorise an examiner to examine—
(a) any of the reporting institution’s records or reports that relate to its obligations under this Part, which are kept at, or accessible from, the reporting institution’s premises; and
(b) any system used by the reporting institution at its premises for keeping those records or reports.
(2) In carrying out the examination under subsection (1), the examiner may—
(a) ask any question relating to any record, system or report of a reporting institution; and
(b) make any note or take any copy of the whole or part of any business transaction of the reporting institution.
Malay text (authoritative)
Pemeriksaan ke atas institusi pelapor
(1) Bagi maksud mengawasi pematuhan sesuatu institusi pelapor dengan Bahagian ini, pihak berkuasa berwibawa boleh memberi kuasa seseorang pemeriksa untuk memeriksa—
(a) mana-mana rekod atau laporan institusi pelapor itu yang berhubungan dengan obligasinya di bawah Bahagian ini, yang disimpan di, atau dapat dicapai dari, premis institusi pelapor itu; dan
(b) apa-apa sistem yang digunakan oleh institusi pelapor itu di premisnya bagi menyimpan rekod atau laporan itu.
(2) Dalam menjalankan pemeriksaan di bawah subseksyen (1), pemeriksa itu boleh—
(a) menanyakan apa-apa soalan berhubung dengan apa-apa rekod, sistem atau laporan sesuatu institusi pelapor; dan
(b) membuat apa-apa catatan atau mengambil apa-apa salinan keseluruhan atau sebahagian daripada transaksi perniagaan institusi pelapor itu.
Read this section in the full act → · Open Part IV →
Find Act 613 on lom.agc.gov.my ↗
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).
