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In forceUpdated to 15 Oct 2022Read it in Bahasa Malaysia
Contents

Part V · Labuan Trust Companies

70. Delegation to Labuan trust company

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(1)

It shall be lawful for any executor, administrator, trustee or agent to delegate by deed or in writing to a Labuan trust company either alone or together with any other company or person, as his attorney, all such trusts and powers as may be lawfully delegated by him.

(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

Report

Read on from s 71

Part VI

Labuan Banking

Read on from Part VI

Part VII

Labuan Insurance

Part VIII

Company Management

Read on from Part VIII

Part IX

Read on from Part IX

Part X

Self-Regulatory Organizations

Read on from Part X

Part XI

Appeals

Read on from Part XI

Schedules