Malaysia legislation
Section 52
Section 52
(2)
Subsection (1) shall not affect any right of any council, council member or supervisory person, or officer of a Labuan foundation, as the case may be, to bring proceedings to restrain the doing of any act which is beyond the powers of the officers.
Act 706
(3)
Subsection (1) shall not affect any liability incurred by the officers of a Labuan foundation or any other person, by reason of the officers exceeding their powers.
Execution of contracts, documents by Labuan foundation