35. Prospectus relating to public fund

Terms defined in this Act

• Authority

  Authority

  Defined · s 2

  “Authority” means the Labuan Financial Services Authority established under section 3 of the Labuan Financial Services Authority Act 1996;

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• Labuan

  Labuan

  Defined · s 2

  “Labuan” means the Federal Territory of Labuan;

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• liabilities

  liabilities

  Defined · s 2

  “liabilities” includes debts, duties and obligations of every kind, whether present or future, or whether vested or contingent;

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• prospectus

  prospectus

  Defined · s 2

  “prospectus” means any prospectus, notice, circular, advertisement or invitation inviting applications or offers to subscribe for or purchase securities, or offering any securities for subscription or purchase;

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• public fund

  public fund

  Defined · s 2

  “public fund” means a mutual fund other than a private fund;

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• registered public fund

  registered public fund

  Defined · s 27

  “registered public fund” means a public fund registered under section 33;

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• securities

  securities

  Defined · s 2

  “securities” means any investments commonly known or capable of being described as securities, and includes— (a) shares, debentures, funds, units, interests in a limited partnership or limited liability partnership or unit trust or foundation or protected cell company or corporation; (b) debentures, bonds or notes of or issued by any body (incorporated or unincorporated), government, local government or public authority; *NOTE—The Exchange Control Act 1953 has since been repealed by the Financial Services Act 2013 which comes into operation on 30 June 2013—see sections 271 and 272…

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