Malaysia legislation
Section 143
of LABUAN ISLAMIC FINANCIAL SERVICES AND SECURITIES ACT 2010
Section 143
(2)
Where there is conflict or inconsistency between the provisions otf 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 transaction or activity that forms part of its activities licensed under this
Act, when such transaction or activity is carried out in Labuan or outside Malaysia.
Application of Labuan Companies Act 1990 and *Companies
Act 1965