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← Money Services Business Act 2011

Money Services Business Act 2011 s 8

Money Services Business Act 2011 s 8

s 8 Fees

(1) A licensee shall pay to the Bank— (a) an annual fee for each of its offices; and (b) such other fees as the Bank may prescribe relating to its money services business, of such amount and in such manner as the Bank may prescribe. (2) There shall be no refund of any annual fee or other fees paid under subsection (1) by the Bank to any person in the event a licence is revoked, or not renewed by the Bank, or surrendered to the Bank, before the expiry of the licence.

Malay text (authoritative)

Fi

(1) Seseorang pemegang lesen hendaklah membayar kepada Bank— (a) suatu fi tahunan bagi setiap pejabatnya; dan (b) apa-apa fi lain sebagaimana yang ditetapkan oleh Bank berhubung dengan perniagaan perkhidmatan wangnya, dalam apa-apa amaun dan mengikut apa-apa cara sebagaimana yang ditetapkan oleh Bank. (2) Tiada bayaran balik bagi apa-apa fi tahunan atau fi lain yang dibayar di bawah subseksyen (1) akan dibuat oleh Bank kepada mana-mana orang sekiranya sesuatu lesen dibatalkan, atau tidak dibaharui oleh Bank, atau diserahkan balik kepada Bank, sebelum habis tempoh lesen itu.

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

Find Act 731 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).

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