Malaysia legislation

Section 104

of LANGKAWI INTERNATIONAL YACHTING COMPANIES ACT 2005

Section 104

Receivership and winding up

(1)

The provisions of Parts VIII and X of the Companies

Act 1965 (in so far as they relate to a company limited by shares)

shall apply to the receivership and winding up of a Langkawi company, subject to such modifications as the Minister may make by order, and in particular references to a “company” shall be taken as references to a Langkawi company.

91

Langkawi International Yachting Companies

(2)

The Companies (Winding-Up) Rules 1972 [P.U. (A) 289/1972]

shall also apply to the winding up of a Langkawi company, subject to such modifications as the Minister may make by order, and in particular references to a “company” shall be taken as references to a Langkawi company.

(3)

In this section, “modification” includes amendment, adaptation, alteration, variation, addition, division, substitution or exclusion.

Section 104 — LANGKAWI INTERNATIONAL YACHTING COMPANIES ACT 2005