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Section 43

Trustee acting in respect of more than one trust

of Labuan Offshores Trusts Act 1996

ActIn forceProvision 58 of 94
Section 43

(2)

A trustee of a trust shall disclose to any co-trustee any interest which he has as trustee of another trust if any transaction in relation to the first-mentioned trust is to be entered into with the trustee of the other trust.