Section 91

all regulations, orders, notifications, exemptions and other subsidiary legislation, approvals, directions, decisions and other executive acts, howsoever called, made, given or done under or in accordance with, or by virtue of the

Labuan Offshore Limited Partnerships Act 1997 shall be deemed to have been made, given, or done, under or in accordance with, the corresponding provisions in this

Act, and shall continue to remain in full force and effect in relation to the persons to whom they applied until amended, repealed, rescinded, revoked or replaced under, in accordance with or by virtue of, the corresponding provisions in this Act;

every direction, notice, guideline or circular issued by the Authority or the Minister under the Labuan Offshore

Limited Partnerships Act 1997 before the effective date and in force immediately before the effective date, shall be deemed to have been lawfully issued under this Act under the particular provision of this Act corresponding to the matter dealt with in the direction, notice, guideline or circular and shall remain in full force and effect until it is amended, repealed, rescinded, revoked or replaced under this Act;

Act 707

an application for an approval or consent, or for any other purpose whatsoever, or an appeal relating to such application, made by a person to the Minister or to the Authority under the Labuan Offshore Limited

Partnerships Act 1997 before the effective date, and pending immediately before the effective date, shall, if there is a corresponding provision in this Act, be dealt with as if it was made under that provision and, if there is no such corresponding provision in this Act, such application or appeal shall lapse on the effective date;

and

all transactions or dealings lawfully executed or entered into, and all business lawfully done, under or in accordance with the Labuan Offshore Limited Partnerships Act 1997

by a person who was approved or registered under the

Labuan Offshore Limited Partnerships Act 1997, with any other person, shall be deemed to have been lawfully and validly executed, entered into, or done, under and in accordance with this Act, and accordingly, any right or liability under such transactions or dealings, immediately before the effective date, shall be deemed to continue to be lawful and valid under this Act.

Labuan Limited Partnerships and Limited

Liability Partnerships 79

Act 707

LIST OF AMENDMENTS

Amending law

Short title

In force from-NIL-Laws of Malaysia 80

Act 707

Act 707

LIST OF SECTIONS AMENDED

Section

Amending authority

In force from-NIL-DICETAK OLEH

KUALA LUMPUR

WJW22/0914 10-08-2022