Section 10
Subsection 13(9) of the principal Act is amended—
of Labuan Companies (Amendment) Act 2022
Amendment ActIn forceProvision 10 of 61
Section 10
(a)
in subparagraph (a)(i), by substituting for the word “six”
the word “seven”;
(b)
in subparagraph (a)(iii), by substituting for the word
“fifteen” the word “seven”; and
(c)
in paragraph (b), by substituting for the words
“fifteen years” the words “seven years and six months”.