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Labuan Offshores Trusts Act 1996 · s 46C
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Labuan Offshores Trusts Act 1996 · s 46C
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
The primary purpose of this Part is to enable a trust of company shares to be established under which—
the shares may be retained indefinitely; and
the management of the company may be carried out by its directors without any power of intervention being exercised by the trustee.