46
Laws of Malaysia
Act 588
Effect of suspension, cancellation, surrender or expiry of an
individual licence
41. (1) Where the suspension or cancellation of an individual
licence under section 37, or the surrender of an individual licence
under section 35, has taken effect, or where the individual licence
has expired, the licensee shall immediately cease to provide any
facility or service in respect of which the individual licence was
granted.
(2) Notwithstanding subsection (1), the Minister may, on the
recommendation of the Commission, authorize the licensee in
writing to carry on providing any facility or service for such
duration as the Minister may specify in the authorization for the
purpose of winding up the licensee’s affairs.
(3) Notwithstanding subsection (1), the licensee whose individual
licence has expired shall be entitled to carry on providing a facility
or service as if his individual licence had not expired upon proof
being submitted to the Commission that the licensee has applied
for the renewal of the individual licence in accordance with
section 34 and that such application is pending determination by
the Minister.
(4) Subject to subsections (2) and (3), a person who contravenes
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.
Register of individual licences
42. (1) The Minister shall provide a copy to the Commission
of—
(a) any individual licence granted under this Part;
(b) any special or additional conditions specified in the
individual licence;
(c) any written notice varying, revoking or imposing any
special or additional conditions specified in the individual
licence;
(d) any written notice by the licensee surrendering his
individual licence;