Section 1
(1)
This Act may be cited as the Labuan Companies (Amendment)
Act 2012.
(2)
This Act comes into operation on a date to be appointed by the Minister by notification in the Gazette.
Amendment ActIn force
Labuan Companies (Amendment) Act 2012
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- Enacted
- 2012
- Sections
- 7
- Languages
- MS · EN
Labuan Companies (Amendment) Act 2012 is Malaysia Amendment Act, cited as Amendment Act A1428 2012, currently marked in force and first recorded in 2012.
Front matterCover and publication detailsOpenClose
1
Act A1428
LABUAN COMPANIES (AMENDMENT) ACT 2012
ACT A1428
Date of Royal Assent
...
...
18 June 2012
Date of publication in the
Gazette
...
...
...
22 June 2012
Publisher’s Copyright C
(Appointed Printer to the Government of Malaysia).
Financial Reporting (Amendment)
Opening note
Preamble
- An Act to amend the Labuan Companies Act 1990. [ ] ENACTED by the Parliament of Malaysia as follows: Short title and commencement
Section 2
Amendment of section 18
The Labuan Companies Act 1990 [Act 441], which is referred to as the “principal Act” in this Act, is amended in paragraph 18(1)(c) by deleting the words “and the division thereof into shares of a fixed amount”.
Act A1428
LABUAN COMPANIES (AMENDMENT) ACT 2012
ACT A1428
Section 3
Amendment of section 111
Subsection 111(2) of the principal Act is amended by inserting after the word “company” the words “ together with its relevant resolution”.
Section 4
Amendment of section 121
Subsection 121(5) of the principal Act is amended by substituting for the words “of such amount as may be prescribed not later than thirty days from each anniversary of the date of its registration”
the words “in accordance with section 151”.
Section 5
Amendment of section 130O
Paragraph 130O(4)(a) of the principal Act is amended by deleting the word “general”.
Section 6
Amendment of section 130V
Subsection 130V(1) of the principal Act is amended by substituting for the words “section 48A” the words
“section 53”.
Amendment of section 151
Section 7
Section 151 of the principal Act is amended—
(a)
by inserting after subsection (1) the following subsection:
“(1A) The Authority may impose an administrative penalty on payment of any annual fees received later than the anniversary date as specified in subsection
(1)
.”; and
(b)
in subsection (2), by substituting for the word “If” the words “Notwithstanding subsection (1A), if”.
KUALA LUMPUR
Common questions
- What is Labuan Companies (Amendment) Act 2012?
- Labuan Companies (Amendment) Act 2012 is Malaysia Amendment Act, cited as Amendment Act A1428 2012, currently marked in force and first recorded in 2012.
- Is Labuan Companies (Amendment) Act 2012 still in force?
- Yes — Labuan Companies (Amendment) Act 2012 is currently in force.
- When did Labuan Companies (Amendment) Act 2012 take effect?
- Labuan Companies (Amendment) Act 2012 was first recorded in 2012.
- How many sections does Labuan Companies (Amendment) Act 2012 have?
- Labuan Companies (Amendment) Act 2012 contains 7 sections.
- Where can I read the official version of Labuan Companies (Amendment) Act 2012?
- The official text of Labuan Companies (Amendment) Act 2012 is published at lom.agc.gov.my.
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