Labuan Islamic Financial Services and Securities Act 2010 s 148
Labuan Islamic Financial Services and Securities Act 2010 s 148
s 148 General penalty
(1) A person who commits an offence under this Act or any regulations made under this Act for which no penalty is expressly provided shall, on conviction, be liable—
(a) in the case of a body, incorporated or unincorporated, to a fine not exceeding three million ringgit; or
(b) in the case of an individual, to a fine not exceeding one million ringgit.
(2) In the case of a continuing offence, shall in addition, be liable to a daily fine not exceeding five thousand ringgit for each day the offence continues to be committed.
Malay text (authoritative)
Penalti am
(1) Seseorang yang melakukan suatu kesalahan di bawah Akta ini atau mana-mana peraturan-peraturan yang dibuat di bawah Akta ini yang baginya tiada penalti diperuntukkan dengan nyata boleh, apabila disabitkan—
(a) dalam hal suatu badan, diperbadankan atau tidak diperbadankan, didenda tidak melebihi tiga juta ringgit; atau
(b) dalam hal seseorang individu, didenda tidak melebihi satu juta ringgit.
(2) Dalam hal suatu kesalahan berterusan, hendaklah sebagai tambahan, boleh didenda harian tidak melebihi lima ribu ringgit bagi setiap hari kesalahan itu terus dilakukan.
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).
