ACT 125
COMPANIES ACT 1965 (REVISED - 1973)
PART IV - SHARES, DEBENTURES AND CHARGES
DIVISION 5 - INTERESTS OTHER THAN SHARES, DEBENTURES, ETC.

 
Section 94. Penalty for contravention of Division, etc.
 
Section 94. Penalty for contravention of Division, etc. (COMPANIES ACT 1965 (REVISED - 1973) - ACT 125) (1) A person shall not—

    (a) contravene or fail to comply with this Division; or

    (b) fail to comply with a covenant contained or deemed to be contained in any deed that is or at any time has been an approved deed.

Penalty: Imprisonment for five years or one hundred thousand ringgit or both.

(2) A person shall not be relieved from any liability to any holder of an interest by reason of any contravention of, or failure to comply with this Division.