Malaysia legislation

Section 183

of LABUAN FINANCIAL SERVICES AND SECURITIES ACT 2010

Section 183

(2)

Where there is conflict or inconsistency between the provisions of this Act and the Capital Markets and Services

Act 2007, the provisions of the Capital Markets and Services

Act 2007 shall prevail.

(3)

The provisions of the Capital Markets and Services

Act 2007 shall not apply to a licensed entity in respect of any licensed activity under this Act, when such licensed activity is carried on in Labuan or outside Malaysia.

*NOTE—The Exchange Control Act 1953 [Act 17] has since been repealed by the Financial

Services Act 2013 [Act 758] which comes into operation on 30 June 2013—see sections 271

and 272 of Act 758.

Act 704

Application of Labuan Companies Act 1990 and *Companies

Act 1965