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 license has expired shall be entitled to carry on providing a facility or service as if his individual license had not expired upon proof being submitted to the Commission that the licensee had applied for the renewal of the individual license in accordance with section 34 and that such application is pending determination by the Minister.

           (4)   Subject to subsection (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 t o both.


42.   (1)   The Minister shall provide a copy to the Commission of ----

                (a)   any individual license granted under this Part;

                (b)   any special or additional conditions specified in the individual 
                        license;

                (c)   any written notice varying, revoking or imposing any special or 
                        additional conditions specified in the individual license;

                (d)   any written notice by the licensee surrendering his individual 
                        license;

                (e)   any written notice by the Minister suspending or canceling the 
                        individual license; and 

                (f)    any written notice approval the transfer of an individual license or a 
                        change in beneficial ownership of the individual license.

        (2)   The Commission shall maintain a register, which shall be made available to the public, of all individual licenses which have been granted under this Part.          

 

 

 

 

 

 

 

 

 

 

Register of individual licenses.

             

mukasurat 41