Section 54
Section 151 of the principal Act is amended—
of Labuan Companies (Amendment) Act 2022
Amendment ActIn forceProvision 54 of 61
Section 54
(a)
by deleting subsections (3) and (4);
Labuan Companies (Amendment)
(b)
in subsection (5), by substituting for the words
“this section” the words “section 151bb”;
(c)
in subsection (6)—
(i)
by substituting for the words “this section”
the words “section 151bb”; and
(ii)
by substituting for the words “in the Gazette”
the words “in accordance with subsection 151bb(4)”; and
(d)
in subsection (7), by substituting for the words
“Subsections (2) to (5)” the words “Subsections (2) and (5)
and section 151bb”.