44 Laws of Malaysia Act 332 Part IVa COPYRIGHT LICENSING Licensing body 27a.  (1)  A society or an organization which intends to operate as a licensing body for copyright owners or for a specified class of copyright owners shall apply to the Controller to be declared as a licensing body. (2) An application for a declaration shall be made in such form and on such medium as the Controller may determine which shall contain the following information: (a) the applicant’s constituent document, which has as its main object, or one of its main objects, the negotiation or granting, either as owner or prospective owner of copyright or as agent for him, of copyright licences, and whose objects also include the granting of licences covering works of more than one author; and (b) the list of copyright owners or their agents who are members of the applicant. (3) Upon receipt of an application, the Controller may declare an applicant to be a licensing body and issue a declaration in writing to that effect to the said applicant. (4) Notwithstanding subsection (3), the Controller shall refuse an application if the information provided by the applicant pursuant to subsection (2) is insufficient or unsatisfactory to show that the applicant is fit and proper to be a licensing body. (5) The licensing body shall provide the Controller with a copy of its profit and loss account, balance sheet and auditor’s report which are tabled at the licensing body’s annual general meeting not later than one month after the date of the annual general meeting.