Section 49
Amendment of section 130t
of Labuan Companies (Amendment) Act 2022
Amendment ActIn forceProvision 49 of 61
Section 49
Section 130t of the principal Act is amended by inserting after subsection (1) the following subsection:
“(1a) Where a Labuan protected cell company makes any allotment of its cell shares, the protected cell company shall, within thirty days, lodge with the Authority the information of such allotment.”.