Section 48

Any person, other than a council member, supervisory person or officer of a Labuan foundation, who is entitled to inspect the books of minutes of council meetings shall be furnished, within seven days after he has made a request to the Labuan foundation, with a copy of any such minutes without any charge.

If there is a failure to comply with subsection (1) or to any request for any inspection under this section is refused, the

Labuan foundation commits an offence and shall, upon conviction, be liable to a fine not exceeding ten thousand ringgit.

In the case of a continuing offence for an offence committed under subsection (3), in addition to the penalties under subsection (3), the Labuan foundation shall be liable to a fine not exceeding one thousand ringgit for each day or part of a day during which the offence continues after conviction.

In the case of such refusal as referred to in subsection (4), the Court may, by order, compel an immediate inspection of the documents.

Act 706

Inspection and production of documents kept by Authority