Malaysia legislation
Section 148
Section 148
Prohibition by Minister
(a)
prohibiting the initial incorporation of any Labuan company or class of companies;
Labuan Companies 185
(b)
prohibiting the initial registration of a foreign Labuan company; or
(c)
directing any Labuan company or foreign Labuan company to cease to carry on its business or part of its business either immediately or within such time as may be specified in the direction.
(2)
A direction made under this section may be revoked or varied by the Minister.
Secrecy