Malaysia legislation

Section 29

of LABUAN COMPANIES (AMENDMENT) ACT 2022

Section 29

Section 85 of the principal Act is amended—

(a)

in subsection (1), by inserting after the words “a Labuan trust company” the words “, or any other office approved by the Authority”; and

(b)

in subsection (5), by substituting for the word “Ten”

the word “Fifty”.

Amendment of section 86