Malaysia legislation
Section 2
of LABUAN LIMITED PARTNERSHIPS AND LIMITED LIABILITY PARTNERSHIPS (AMENDMENT) ACT 2025
Section 2
Amendment of section 2
Partnerships Act 2010 [Act 707], which is referred to as the
“principal Act” in this Act, is amended in section 2, in the definition of “resident”, by substituting for the words “pursuant to section 43 of the Exchange Control Act 1953 [Act 17]” the words “pursuant to paragraph 214(6)(a) of the Financial Services
Act 2013 [Act 758] and paragraph 225(6)(a) of the Islamic
Financial Services Act 2013 [Act 759]”.
LABUAN LIMITED PARTNERSHIPS AND
LIMITED LIABILITY PARTNERSHIPS
(AMENDMENT) ACT 2025