Malaysia legislation

Section 153

of *LABUAN COMPANIES ACT 1990

Section 153

(2)

In the application of the provisions of this Act to any person, the provisions shall apply subject to the provisions of the Financial

Services Act 2013, Islamic Financial Services Act 2013 and the

Labuan Financial Services Authority Act 1996.

194 Laws of Malaysia ACT 441

(3)

Where there is conflict or inconsistency between the provisions of this Act and the Financial Services Act 2013, Islamic

Financial Services Act 2013, the provisions of the Financial Services

Act 2013, Islamic Financial Services Act 2013 shall prevail.

(4)

Where there is conflict or inconsistency between the provisions of this Act and the Labuan Financial Services Authority

Act 1996, the provisions of the Labuan Financial Services Authority

Act 1996 shall prevail.

*NOTE—see section 61 of the Labuan Companies (Amendment) Act 2022 [Act A1653] w.e.f 1 January 2022 which provides the following provision:

Savings and transitional provisions