Malaysia legislation

Section 44

of LABUAN COMPANIES (AMENDMENT) ACT 2022

Section 44

Amendment of section 114

Section 114 of the principal Act is amended by inserting after subsection (3) the following subsection:

“(4)  A Labuan company shall, within thirty days of any change in the auditor of the company, lodge with the Authority a notice and the notice shall be accompanied with the consent of the new auditor.”.