Section 126

If a foreign Labuan company ceases to have a place of business or to carry on business in Labuan it shall, within one month after it so ceases, lodge with the Authority notice of that fact, and as from the day on which the notice is so lodged, its obligation to lodge any document (not being a document that ought to have been lodged before that day) with the Authority shall cease, and the Authority shall forthwith remove the name of the foreign Labuan company from the register.