Section 54. Place where register of members and index to be kept

(1) The register of members and index shall be kept at the registered office of the company, but—

(a) if the register and index are prepared at another office of the company within Malaysia, the register and index may be kept at that other office; or

(b) if the company arranges with any person to prepare the register and index on its behalf, the register and index may be kept at the office of that person at which the work is done if that office is within Malaysia.

(2) Where, by virtue of paragraph (1)(b), the register of members is kept at the office of that agent, other than the company, and by reason of his default the company contravenes subsection (1) or any requirements of this Act as to the production of the register, the agent shall be liable to the same penalties as if he were an officer of the company, and the power of the Court under section 585 shall extend to the making of orders against the agent and officers and servants of the agent.

(3) The company and every officer who contravene this section commit an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit and, in the case of a continuing offence, to a further fine not exceeding five hundred ringgit for each day during which the offence continues after conviction.