Malaysia legislation

Section 50

of Act 125

Section 50

The Companies Act, 1965, to the extent to which it is therein expressed to be amended in the Second Schedule is hereby amended accordingly.

FIRST SCHEDULE

[Section 9 |(1)]

Type of Fee

(a)

Licence fee on granting of licence

(b)

Annual licence fee

(c)

Fee on establishment of each office or place of business other than the principal place of business 200

(d)

Annual fee for each office or place of business other than the principal place of business ... 200

SECOND SCHEDULE

COMPANIES ACT, 1965

Section of Act

Extent of Amendment

217 (1) (f) ... Substitute the words, "Central Bank" for the words, "Minister charged with the responsibility for finance".

217 (1)

... Insert the following new paragraph—

Act 6. " (g) in the case of a borrowing company licensed under the Borrowing Companies Act, 1969, the Central Bank;".

Section 50 — Act 125 | mylaw.my