Malaysia legislation

Section 67

of *LABUAN COMPANIES ACT 1990

Section 67

For the purposes of this Division, a deed shall be an approved deed if—

(a)

the Authority has granted its approval to the deed under this

Division; and

(b)

the Authority has granted its approval under this Division to the Labuan trust company appointed for the purposes of the deed acting as a trustee or representative, and that approval has not been revoked and the trustee or representative has not ceased to hold office.

Labuan Companies 79

Approval of deeds