National Anti-Financial Crime Centre Act 2019 s 8
s 8 Disclosure of interest
(1) A member of the Advisory Board who has or acquires a direct or indirect interest by himself, through a member of his family or his associate in relation to any matter under discussion by the Advisory Board, shall disclose to the Advisory Board, the fact of his interest and the nature of that interest.
(2) A disclosure under subsection (1) shall be recorded in the minutes of the meeting of the Advisory Board in which the matter is discussed and after the disclosure, that member—
(a) shall not be present or take part in any discussion or decision of the Advisory Board about the matter; and
(b) shall be disregarded for the purpose of constituting a quorum of the Advisory Board when the matter is discussed or decided upon.
(3) A member of the Advisory Board who fails to disclose his interest as provided under subsection (1) commits an offence and shall, on conviction, be liable to a fine not exceeding five hundred thousand ringgit or to imprisonment for a term not exceeding five years or to both.
(4) No act or decision of the Advisory Board shall be rendered invalid on the ground of the contravention by a member under subsection (3).
Malay text (authoritative)
Penzahiran kepentingan
(1) Seseorang anggota Lembaga Penasihat yang mempunyai atau memperoleh suatu kepentingan secara langsung atau tidak langsung dengan sendirinya, menerusi anggota keluarganya atau menerusi sekutunya berhubung dengan apa-apa perkara yang sedang dibincangkan oleh Lembaga Penasihat, hendaklah menzahirkan kepada Lembaga Penasihat, hakikat kepentingannya dan jenis kepentingan itu.
(2) Suatu penzahiran di bawah subseksyen (1) hendaklah direkodkan dalam minit mesyuarat Lembaga Penasihat yang dalamnya perkara itu dibincangkan dan selepas penzahiran itu, anggota itu—
(a) tidak boleh hadir atau mengambil bahagian dalam apa-apa perbincangan atau keputusan Lembaga Penasihat mengenai perkara itu; dan
(b) tidak boleh diambil kira bagi maksud membentuk kuorum Lembaga Penasihat semasa perkara itu sedang dibincangkan atau diputuskan.
(3) Seseorang anggota Lembaga Penasihat yang gagal menzahirkan kepentingannya sebagaimana yang diperuntukkan di bawah subseksyen (1) melakukan suatu kesalahan dan boleh, apabila disabitkan, didenda tidak melebihi lima ratus ribu ringgit atau dipenjarakan selama tempoh tidak melebihi lima tahun atau kedua-duanya.
(4) Tiada tindakan atau keputusan Lembaga Penasihat boleh menjadi tidak sah atas alasan pelanggaran oleh seorang anggota di bawah subseksyen (3).
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Find Act 822 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).
