Malaysia legislation

Section 54

of LABUAN COMPANIES (AMENDMENT) ACT 2022

Section 54

Amendment of section 151

(a)

by deleting subsections (3) and (4);

Labuan Companies (Amendment)

(b)

in subsection (5), by substituting for the words

“this section” the words “section 151bb”;

(c)

in subsection (6)—

(i)

by substituting for the words “this section”

the words “section 151bb”; and

(ii)

by substituting for the words “in the Gazette”

the words “in accordance with subsection 151bb(4)”; and

(d)

in subsection (7), by substituting for the words

“Subsections (2) to (5)” the words “Subsections (2) and (5)

and section 151bb”.

New sections 151ba and 155bb