Malaysia legislation

Section 68

of LABUAN FOUNDATIONS ACT 2010

Section 68

(2)

Where a Court orders that a Labuan foundation be dissolved under this section, the Court may appoint a person who is an approved liquidator under section 12 of the Labuan Companies

Act 1990 to supervise the dissolution of the Labuan foundation and may, from time to time, direct the manner in which the dissolution is to be conducted.

Distribution of property

Section 68 — LABUAN FOUNDATIONS ACT 2010 | mylaw.my