Malaysia legislation

Section 70

of LABUAN FINANCIAL SERVICES AND SECURITIES ACT 2010

Section 70

(2)

All acts done by the Labuan trust company as such delegatee shall, as against any person dealing with the Labuan trust company without notice of the revocation of such authority by such executor, administrator, trustee or agent, be valid and effectual notwithstanding such revocation.

LABUAN MANAGED TRUST COMPANIES

Licensing of Labuan managed trust companies