Section 77

Whenever the Authority takes action pursuant to subsection (1), the court may, after hearing representations from the Authority or any other person appearing to the court to be affected, order the transfer of any such trust to a new trustee, and may make such supplemental or incidental orders or give such directions as the court thinks fit.

Without prejudice to any provision under any written law, the Authority shall have the locus standi or legal right to appear, institute and conduct proceedings pursuant to subsection (1).

The Authority may claim the legal costs incurred in the exercise of its powers under subsection (1) from the relevant person or Labuan private trust company, as the case may be.

Non-application of the provisions of this Part