Malaysia legislation

Section 121

of LANGKAWI INTERNATIONAL YACHTING COMPANIES ACT 2005

Section 121

(a)

prohibiting the initial incorporation of any Langkawi company or class of companies;

(b)

prohibiting the initial registration of a foreign Langkawi company; or

(c)

directing any Langkawi 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

Section 121 — LANGKAWI INTERNATIONAL YACHTING COMPANIES ACT 2005