Malaysia legislation
Section 151E
Section 151E
(a)
the name of the Labuan company is in the register;
(b)
the Labuan company has paid all fees and penalties due and payable; and
(c)
the prescribed fee has been paid.
(2)
A letter of confirmation issued under subsection (1) shall state the following:
(a)
the name of the Labuan company, its date of incorporation and the company number;
(b)
the registered address of the Labuan company;
(c)
the directors and secretaries of the Labuan company;
(d)
a statement to indicate whether the Labuan company is in the process of being wound up and dissolved or being struck off the register; or
(e)
any other information as requested by a Labuan trust company or an approved auditor as deemed fit by the
Authority.
(3)
Where any information is lodged by the Labuan trust company with the Authority under this Act, neither the Authority nor any of its officers or employees involved in the issuance of the letter of confirmation pursuant to subsection (1) shall be held liable for any loss or damage suffered by any person by reason of any default, error or omission if made in good faith and in the ordinary course of the discharge of duties.
Labuan Companies 193
Non-application of specified written laws