Malaysia legislation
Section 131
Section 131
(2)
An application under subsection (1) shall be—
(a)
made in such manner as the Authority may determine;
and
(b)
accompanied by—
(i)
such application fees as may be prescribed;
(ii)
a statement of the financial and human resources and administrative facilities available to the applicant for the competent and efficient conduct of its business; and
(iii)
such other documents or information as the
Authority may reasonably require for the purpose of considering the application;
Labuan Financial Services and Securities 133
(c)
contain—
(i)
the address of the applicant’s place of business and its address for service in Labuan;
(ii)
the name and address of a person resident in Labuan who is authorized to represent the applicant and to accept service on its behalf; and
(iii)
the address of any place of business that the applicant may have outside Labuan.
(3)
If any information referred to in paragraph (2)(c) is altered at any time after its submission, the applicant, upon being granted a licence under this Part, shall give in writing to the Authority particulars of the alteration within one month of the date of the grant of the licence or within one month after the alteration is made, whichever is the later.
Grant of licence