s 126
If a foreign offshore company ceases to have a place of business or to carry on business in Labuan it shall, within Lseven days after it so ceases, lodge with the Registrar notice of that fact, and as from the day on which the notice is so lodged, its obligation to lodge any document (not being a document that ought to have been lodged before that day) with the Registrar shall ceasé, and the Registrar shall forthwith remove the name of the foreign offshore company from the register.