Section 147

the Minister;

the Authority, any authorized officer, agent or servant of the Authority;

*NOTE—The Insurance Act 1996 [Act 553] has since been repealed by the Financial Services Act 2013 [Act 758] which comes into operation on 30 June 2013—see sections 271 and 272 of Act 758.

**NOTE—The Takaful 1984 [Act 312] has since been repealed by the Islamic Financial Services Act 2013 [Act 759] which comes into operation on 30 June 2013—see sections 282 and 283 of Act 759.

Labuan Islamic Financial Services and Securities 147

any member, officer or committee of the Authority;

the Syariah Supervisory Council; and

any other person lawfully acting on behalf of, or in compliance with instructions of, the Authority, for or on account of, or in respect of, any act done or statement made or omitted to be done or made, or purporting to be done or made or omitted to be done or made in pursuance or in execution of, or intended in pursuance or execution of this Act, or any guidelines, directions, advisories or other thing whatsoever issued under this Act:

Provided that such act or such statement was done or made, or was omitted to be done or made, in good faith.

Subsection (1) shall be in addition to, and not in derogation of, the Public Authorities Protection Act 1948 [Act 198], and for the purposes of that Act, every person mentioned in subsection (1)

shall be deemed to be a public officer or a person engaged or employed in the performance of a public duty.

The Public Authorities Protection Act 1948 shall apply to any action, suit, prosecution or proceedings against the Authority or against any member of the Authority, any member of a committee, or any officer, servant or agent of the Authority in respect of any act, neglect, default done or omitted by it or him in such capacity.

General penalty