Malaysia legislation

Section 10

of LABUAN COMPANIES (AMENDMENT) ACT 2022

Section 10

Subsection 13(9) of the principal Act is amended—

(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”.

Amendment of section 22