Section 8
Amendment of section 11
of Labuan Companies (Amendment) Act 2022
Amendment ActIn forceProvision 8 of 61
Section 8
Section 11 of the principal Act is amended by inserting after subsection (5) the following subsection:
“(6) If default is made in complying with this section, the person who is in default commits an offence under this Act.
Penalty: One hundred thousand ringgit.”.
Amendment of section 12