Malaysia legislation
Section 18
Section 18
Section 58 of the principal Act is amended—
(a)
by inserting after subsection (1) the following subsection:
“(1a) If default is made in complying with subsection (1), the Labuan company which is in default commits an offence under this Act.
Penalty: Twenty thousand ringgit. Default penalty.”; and
(b)
in subsection (6), by substituting for the word “Ten”
the word “Twenty”.
Amendment of section 69