Malaysia legislation

Section 25

of LABUAN COMPANIES (AMENDMENT) ACT 2022

Section 25

Amendment of section 80

Section 80 of the principal Act is amended by inserting after subsection (1) the following subsection:

“(1a)  A Labuan company shall within thirty days notify the Authority in the prescribed form of any transfer of shares or debentures or any change of the information submitted under subsection (1).”.