Section 128
Names of foreign Labuan companies
Except with the consent of the Minister, a foreign Labuan company shall not be registered by a name that, in the opinion of the
Authority, is undesirable or is a name, or includes a name, of a kind that the Authority is not otherwise willing to accept for registration.
(2)
If a foreign Labuan company is registered, either in error or otherwise, with a name with which it should not have been registered, the Authority may, after giving thirty days’ notice to the foreign
Labuan company requiring it to change its name, strike the company from the register upon default in complying.
(3)
No foreign Labuan company shall use, in Labuan or elsewhere, in respect of acts done or to be done in Labuan, any name other than that under which it is registered under this Part and every foreign
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Labuan company and every officer of the company who knowingly authorizes or permits the default commits an offence under this Act.