(1) A credit reporting agency shall not carry on any business other than a credit reporting business, unless it has obtained the prior written approval of the Registrar. (2) A person who contravenes subsection (1) commits an offence and shall, upon conviction, be liable to a fine not exceeding two hundred thousand ringgit or to imprisonment for a term not exceeding two years or to both.
Sekatan menjalankan perniagaan selain perniagaan pelaporan kredit
(1) Suatu agensi pelaporan kredit tidak boleh menjalankan apa-apa perniagaan selain perniagaan pelaporan kredit, melainkan jika agensi itu telah mendapat kelulusan bertulis Pendaftar terlebih dahulu. (2) Seseorang yang melanggar subseksyen (1) melakukan suatu kesalahan dan boleh, apabila disabitkan, didenda tidak melebihi dua ratus ribu ringgit atau dipenjarakan selama tempoh tidak melebihi dua tahun atau kedua-duanya.
Text as at 1 August 2024 (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).