s 116 Submission of information and statistics
(1) A prescribed institution and a development financial institution for which an order is made under subsection 104(1) and their subsidiaries shall submit to the Bank or such person as the Bank may specify, such document or information as the Bank may require by notice in writing within such time as the Bank may specify and the prescribed institution, the development financial institution or their subsidiary, as the case may be, shall not submit any document or information— (a) which it knows or has reason to believe, to be false or misleading in a material particular; or (b) which is inaccurate or incomplete in respect of which there is a material error or omission, or any recurring error or omission. (2) Any prescribed institution or any development institution that contravenes paragraph (1)(a) commits an offence and shall on conviction be liable to a fine not exceeding twenty-five million ringgit. (2A) Any person complying with subsection (1) shall not be treated as being in breach of any contract, agreement or arrangement. (3) (Deleted by Act A1502). (4) The Bank may require the document or information submitted under subsection (1) to be duly certified by any person including the auditor of the prescribed institution or the development financial institution, as the case may be.