Malaysian Anti Corruption Commission Act

Picture by yusof mat isa.

Malaysian anti corruption commission act. On 1 october 2018 the malaysian anti corruption commission amendment act 2018 amendment act came into force save for section 4 which relates to corporate liability provisions seeking to penalise commercial organisations for the corrupt practices of its associated persons pursuant to the amendment act obligations previously imposed on banks are now imposed on all. Laws of malaysia act 694 malaysian anti corruption commission act 2009 arrangement of sections p art i preliminary section 1. Short title and commencement 1. The macc was modelled after top anti corruption agencies such as the independent.

Kuala lumpur june 1 section 17a of the malaysian anti corruption commission macc act 2009 amendment 2018 which comes into force today will encourage business activities with good integrity and promote good corporate governance practices. Establishment of the malaysian anti corruption commission 5. The malaysian anti corruption commission act 2009 malay. 1 this act may be cited as the malaysian anti corruption commission amendment act 2018.

Principal objects of act 3. Suruhanjaya pencegahan rasuah malaysia abbreviated macc or sprm formerly known as anti corruption agency aca or badan pencegah rasuah bpr is a government agency in malaysia that investigates and prosecutes corruption in the public and private sectors. 2 this act comes into operation on a date to be appointed by the minister by notification in the. The malaysian anti corruption commission s logo is seen in putrajaya june 21 2017.

Short title and commencement 2. The malaysian anti corruption commission amendment act 2018 in essence. An act to amend the malaysian anti corruption commission act 2009. Enacted by the parliament of malaysia as follows.

A commercial organisation commits an offence if any person associated with the commercial organisation commits a corrupt act in order to obtain or retain business or advantage for the commercial organisation. The malaysian anti corruption commission malay. Malaysia section 17a of the malaysian anti corruption act 2009 the new corporate liability offence for corruption the malaysian anti corruption commission amendment bill 2018 which amends the malaysian anti corruption act 2009 was tabled in the malaysian parliament and passed on 4 april 2018 royal assent was given on 27 april 2018. Interpretation p art ii the malaysian anti corruption commission 4.