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LAWS OF MALAYSIA ONLINE VERSION OF UPDATED TEXT OF REPRINT Act 257 ADOPTION ACT 1952 As at 1 January 2013 2 ADOPTION ACT 1952 First enacted 1952 (F.M. Ordinance No. 41 of 1952) Revised 1981 (Act 257
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What is act 257?
Act 257 is a legislation that requires certain entities to disclose information about their beneficial owners.
Who is required to file act 257?
Entities such as corporations, limited liability companies, and partnerships are required to file act 257.
How to fill out act 257?
Act 257 can be filled out online through the designated government portal or submitted via mail.
What is the purpose of act 257?
The purpose of act 257 is to increase transparency and prevent money laundering and terrorism financing.
What information must be reported on act 257?
Entities must report information about their beneficial owners, including name, address, and percentage of ownership.
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