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Section 163

Protection for a self-regulatory organization

of Labuan Financial Services and Securities Act 2010

ActIn forceProvision 162 of 201
Section 163

A self-regulatory organization, the officer or employee of a self-regulatory organization or a member of a committee of a self-regulatory organization shall not be liable for any loss sustained by or damage caused to any person as a result of anything done or omitted by them in the performance, in good faith, of their functions and duties in connection with the regulatory or supervisory functions of the self-regulatory organization, including those delegated to it by the Authority.

Act 704