Malaysia legislation
Section 108D
Section 108D
(2)
Whenever a Labuan company or foreign Labuan company receives information from a person in accordance with any requirement imposed on any person under section 108B, the Labuan company or foreign Labuan company shall be under an obligation to inscribe against the name of that member in a separate part of the register kept by the company under section 105—
(a)
the fact that a requirement was imposed and the date on which it was imposed; and
(b)
the information received in accordance with the requirement.
(3)
If default is made in complying with this section, the Labuan company, foreign Labuan company and every officer of the company who is in default commits an offence under this Act.
Labuan Companies 119
Obligation of Labuan company to maintain and keep information up to date