Malaysia legislation

Section 41

of LABUAN COMPANIES (AMENDMENT) ACT 2022

Section 41

Section 111 of the principal Act is amended—

(a)

in subsection (2a), by substituting for the words

“Subject to section 113a, a Labuan company” the words

“A Labuan company”; and

(b)

in subsection (3)—

(i)

by substituting for the words “this section”

the words “subsection (2) or (2a)”; and

(ii)

by substituting for the word “Ten” the word

“Fifty”.

Amendment of section 112