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← Malaysia Co-operative Societies Commission Act 2007

Malaysia Co-operative Societies Commission Act 2007 s 55

Malaysia Co-operative Societies Commission Act 2007 s 55

s 55 Specific offence

(1) Any co-operative society who fails to comply with the requirements under subsections 42(2) and 43(1) shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding one million ringgit and shall in addition, be liable to a daily fine not exceeding five thousand ringgit for every day the offence continues. (2) Any person who fails to comply with the requirements under section 48 or subsections 49(1), 49(2) or 50(2) shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding one million ringgit or to imprisonment not exceeding two years or to both and shall in addition, be liable to a daily fine not exceeding ten thousand ringgit for every day the offence continues.

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

Find Act 665 on lom.agc.gov.my ↗

Text as at 1 November 2012 (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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