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← Labuan Financial Services and Securities Act 2010

Labuan Financial Services and Securities Act 2010 s 131

Labuan Financial Services and Securities Act 2010 s 131

s 131 Application for licence

(1) No person, except a Labuan company incorporated, or a foreign Labuan company registered, under the Labuan Companies Act 1990, may apply to the Authority for a licence to carry on the business of company management. (2) An application under subsection (1) shall be— (a) made in such manner as the Authority may determine; and (b) accompanied by— (i) such application fees as may be prescribed; (ii) a statement of the financial and human resources and administrative facilities available to the applicant for the competent and efficient conduct of its business; and (iii) such other documents or information as the Authority may reasonably require for the purpose of considering the application; (c) contain— (i) the address of the applicant’s place of business and its address for service in Labuan; (ii) the name and address of a person resident in Labuan who is authorised to represent the applicant and to accept service on its behalf; and (iii) the address of any place of business that the applicant may have outside Labuan. (3) If any information referred to in paragraph (2)(c) is altered at any time after its submission, the applicant, upon being granted a licence under this Part, shall give in writing to the Authority particulars of the alteration within one month of the date of the grant of the licence or within one month after the alteration is made, whichever is the later.

Malay text (authoritative)

Permohonan bagi lesen

(1) Tiada seorang pun, kecuali suatu syarikat Labuan yang diperbadankan, atau suatu syarikat Labuan asing yang didaftarkan, di bawah Akta Syarikat Labuan 1990, boleh memohon kepada Lembaga bagi suatu lesen untuk menjalankan perniagaan pengurusan syarikat. (2) S e s u a t u p e r m o h o n a n d i b a w a h s u b s e k s y e n ( 1 ) hendaklah— (a) dibuat mengikut cara yang ditentukan oleh Lembaga; dan (b) disertai dengan— (i) apa-apa fi permohonan yang ditetapkan; (ii) suatu pernyataan mengenai sumber kewangan dan manusia dan kemudahan pentadbiran yang ada pada pemohon untuk penjalanan perniagaannya dengan berwibawa dan cekap; dan (iii) apa-apa dokumen atau maklumat lain yang dikehendaki oleh Lembaga dengan munasabah bagi maksud menimbangkan permohonan itu; (c) mengandungi— (i) alamat tempat perniagaan pemohon dan alamat penyampaiannya di Labuan; (ii) nama dan alamat seseorang yang bermastautin di Labuan yang diberi kuasa untuk mewakili pemohon dan untuk menerima penyampaian bagi pihaknya; dan (iii) alamat mana-mana tempat perniagaan yang pemohon mungkin ada di luar Labuan. (3) Jika apa-apa maklumat yang disebut dalam perenggan (2)(c) diubah pada bila-bila masa selepas dikemukakan, pemohon, selepas diberi lesen di bawah Bahagian ini, hendaklah memberikan butirbutir perubahan itu secara bertulis kepada Lembaga dalam tempoh satu bulan dari tarikh lesen itu diberikan atau dalam tempoh satu bulan selepas perubahan itu dibuat, mengikut mana-mana yang terkemudian.

Read this section in the full act → · Open Part VIII →

Find Act 704 on lom.agc.gov.my ↗

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

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