Malaysia legislation

Section 76

of LANGKAWI INTERNATIONAL YACHTING COMPANIES ACT 2005

Section 76

(a)

the names, nationalities and addresses, and any other relevant information and particulars, as may be prescribed in the articles of association, of the members, and a statement of the shares held by each member, distinguishing each share by its number (if any) or by the number (if any)

of the certificate evidencing the member’s holding and of the amount paid or agreed to be considered as paid on the shares of each member;

(b)

the date at which the name of each person was entered in the register as a member;

(c)

the date at which any person who ceased to be a member during the previous seven years so ceased to be a member;

and

(d)

the date of every allotment of shares to members and the number of shares comprised in each allotment.

(2)

The register of members shall be prima facie evidence of any matters inserted in the register as required or authorized by this Act.

(3)

If default is made in complying with this section by a

Langkawi company, the company and every officer of the company who is in default shall be guilty of an offence against this Act.

Penalty: Five thousand ringgit. Default penalty.

76

Act 643

Place to keep register