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Section 146

Power of the Minister to make regulations

of Labuan Companies Act 1990

ActIn forceProvision 199 of 212
Section 146

(2)

Regulations made under this section may provide for—

(a)

any act or omission in contravention of the regulations to be an offence; and

(b)

the imposition of penalties of a fine not exceeding twenty-five thousand ringgit or to imprisonment for a term not exceeding three years or to both.