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Section 60

Section 153 of the principal Act is amended—

of Labuan Companies (Amendment) Act 2022

Amendment ActIn forceProvision 60 of 61
Section 60

(a)

in subsection (1), by substituting for the words

“Exchange Control Act 1953 [Act 17] and” the words

“Financial Services Act 2013, Islamic Financial Services

Act 2013 and”;

(b)

in subsection (2), by substituting for the words

“Exchange Control Act 1953 and” the words “Financial

Services Act 2013, Islamic Financial Services Act 2013

and”; and

(c)

in subsection (3), by substituting for the words

“Exchange Control Act 1953” wherever appearing the words “Financial Services Act 2013, Islamic Financial

Services Act 2013”.