Section 84

for the purpose of satisfying itself that the provisions of this Act are being complied with and that the Labuan limited partnership or Labuan limited liability partnership, as the case may be, is in a sound financial position—

have access to and inspect the books, records, vouchers, documents, cash and securities of a

Labuan limited partnership or Labuan limited liability partnership; and

require, at any time, a Labuan limited partnership or

Labuan limited liability partnership or any of its partners to produce to the Authority any information, statistics, return or document relating to the partnership at the time and place as may be specified by the Authority.

Where any person is required under subparagraph (1)(a)(ii)

or paragraph (1)(b) to provide the Authority any information, statistics, return or document, the person shall submit the information, statistics, return or document to the Authority in such form and manner and within such period as may be specified by the Authority in the request.

Any person who fails to comply with subsection (2)

commits an offence and shall, on conviction, be liable to a fine not exceeding one million ringgit or to imprisonment for a term not exceeding three years or to both.

Where any person is required to provide the Authority any information, statistics, return or document under subparagraph (1)(a)(ii)

or paragraph (1)(b), such person shall not submit as true and accurate any information, statistics, return or document which he knows, or has reason to believe, to be false, inaccurate or misleading.

Labuan Limited Partnerships and Limited

Liability Partnerships 75

Any person who fails to comply with subsection (4)

commits an offence and shall, on conviction, be liable to a fine not exceeding one million ringgit or to imprisonment for a term not exceeding three years or to both.

Any partner, officer or employee of a Labuan limited partnership or Labuan limited liability partnership, as the case may be, who obstructs or hinders the Authority or any authorized person while exercising any of the powers referred to in subsection (1)

commits an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit.

The disclosure by a person of any information to the

Authority as required by the Authority under subsection (1) shall not be an offence under this Act.

Application of the Labuan Financial Services Authority Act 1996