Malaysia legislation

Section 48

of LABUAN COMPANIES (AMENDMENT) ACT 2022

Section 48

Amendment of section 130

(a)

in the shoulder note, by substituting for the words

“Companies Act 1965” the words “Companies

Act 2016”; and

(b)

by substituting for the words “Companies Act 1965 and licensed under the Banking and Financial Institutions

Act 1989, the Islamic Banking Act 1983, or the Insurance

Act 1963” the words “Companies Act 2016 and licensed under the Financial Services Act 2013 and the Islamic

Financial Services Act 2013”.

Amendment of section 130t