Malaysia legislation
Section 94
Section 94
(2)
The register shall contain with respect to each director, in the case of an individual, his present full name and any former name, his usual business or residential address and identification (if any) and the name of the Labuan trust company of which he is an officer and the address of its registered office, or in the case of a corporation, the corporation’s full name, the address of its registered office and the names of its authorized nominees and representatives in Labuan.
(3)
The register shall contain with respect to each secretary, in the case of an individual, his present full name and any former name, his usual business or residential address and identification (if any) and the name of the Labuan trust company of which he is an officer and the address of its registered office, or in the case of a corporation, the corporation’s full name, the address of its registered office and the names of its authorized nominees and representatives in Labuan.
(4)
The register kept by a Labuan company shall be open for inspection by any director, member or auditor of the company without charge.
(5)
A Labuan company shall lodge with the Authority —
(a)
within one month after its incorporation, a return in the prescribed form containing, in relation to its directors and secretaries, the particulars required to be specified in the register;
(b)
within one month after a person named in a return ceases to be a director or secretary of the company, a return in the prescribed form notifying the Authority of the change and containing with respect to each then director or secretary of the company the particulars required to be specified in the register and the date of cessation;
Labuan Companies 105
(c)
within one month after a person becomes a director or a secretary of the company, a return in the prescribed form notifying the Authority of that fact and containing the particulars required to be specified in the register and the date of appointment; and
(d)
within one month of any change in the prescribed particulars of directors and secretaries, a notice in the prescribed form notifying the Authority of the change.
(6)
If default is made by a Labuan company in complying with any provision of this section, the company and every officer of the company who is in default commits an offence under this Act.
Penalty: *Fifty thousand ringgit. Default penalty.
(7)
In this section, “identification” means —
(a)
in the case of a person issued with an identity card, the number of the identity card;
(b)
in the case of a person not issued with an identity card, particulars of his passport;
(c)
in the case of a corporation, the incorporation or registration number; or
(d)
such other similar evidence of identification as is available.
Offence against any provision of this Act committed by secretaries