ACT 125
COMPANIES ACT 1965 (REVISED - 1973)
PART VI - ACCOUNTS AND AUDIT
DIVISION 1 - ACCOUNTS

 
Section 171. Penalty.
 
Section 171. Penalty. (COMPANIES ACT 1965 (REVISED - 1973) - ACT 125)

(1) If any director of a company fails to comply or to take all reasonable steps to secure compliance by the company with the foregoing provisions of this Division or has by his own wilful act been the cause of any default by the company thereunder, he shall be guilty of an offence against this Act.

Penalty: Imprisonment for five years or thirty thousand ringgit.

(2) (Deleted by Act A616).

(3) A person shall not be sentenced to imprisonment for any offence under this section unless in the opinion of the Court dealing with the case the offence was committed wilfully.