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Labuan Offshores Trusts Act 1996 · s 57

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s 57Power of the Minister to make regulations

(1)

The Minister may, on the recommendation of the

Authority, make regulations as may be necessary or expedient for the better carrying out of the provisions of this Act.

(2)

The regulations made under this Act may provide for any act or omission in contravention of the regulations to be an offence and may provide for penalties of a fine not exceeding twenty-five thousand ringgit.