Malaysia legislation

Section 8

of LABUAN COMPANIES (AMENDMENT) ACT 2022

Section 8

Amendment of section 11

Section 11 of the principal Act is amended by inserting after subsection (5) the following subsection:

“(6)  If default is made in complying with this section, the person who is in default commits an offence under this Act.

Penalty: One hundred thousand ringgit.”.

Section 8 — AKTA SYARIKAT LABUAN (PINDAAN) 2022 | mylaw.my