Competition Act · s 65

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65.
Composition of offences
(1) Any offence under this Act or any regulations made thereunder, may be compounded under this section if the offence is prescribed as a compoundable offence.
(2) For the purpose of subsection (1), the Minister may, with the approval of His Majesty the Sultan and Yang Di-Pertuan, make regulations —
(a) to prescribe the offences under this Act or any subsidiary legislation made thereunder as offences that may be compounded under this section;
(b) to designate the person who may compound such offences;
and
(c) to specify the maximum sum for which such offence may be compounded, except that the maximum sum so specified shall not exceed —
(i) one half of the amount of the maximum fine that is prescribed for the offence; or
(ii) $5,000, whichever is the lower.
(3) The person designated under subsection (2)(b) may compound any offence prescribed under subsection (2)(a) by collecting from a person who is reasonably suspected of having committed the offence a sum of money not exceeding the maximum sum that is specified under subsection (2)(c) in respect of that offence.

Competition

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s 65Composition of offences

(1)

Any offence under this Act or any regulations made thereunder, may be compounded under this section if the offence is prescribed as a compoundable offence.

(2)

For the purpose of subsection (1), the Minister may, with the approval of His Majesty the Sultan and Yang Di-Pertuan, make regulations —

(a)

to prescribe the offences under this Act or any subsidiary legislation made thereunder as offences that may be compounded under this section;

(b)

to designate the person who may compound such offences;

and

(c)

to specify the maximum sum for which such offence may be compounded, except that the maximum sum so specified shall not exceed —

(i)

one half of the amount of the maximum fine that is prescribed for the offence; or

(ii)

$5,000, whichever is the lower.

(3)

The person designated under subsection (2)(b) may compound any offence prescribed under subsection (2)(a) by collecting from a person who is reasonably suspected of having committed the offence a sum of money not exceeding the maximum sum that is specified under subsection (2)(c) in respect of that offence.

Competition