Section 138
Powers of the committee
of Labuan Financial Services and Securities Act 2010
The affairs of an exchange established under section 134
shall be managed by a committee consisting of not less than three persons who possess relevant experience in financial, commercial or legal matters of whom the chairman and one other person shall be appointed by the Minister and the rest appointed by the
Authority.
Labuan Financial Services and Securities 139
(2)
Subject to this Division, such committee shall have full power in all matters relating to listing, licensing, securities or dealings on such exchange and other matters related thereto.
(3)
Subject to section 184, the provisions of the Labuan
Companies Act 1990 shall, unless the context otherwise requires, apply in all respects to the persons who make up the committee as if such persons were directors for the purposes of that Act.