Labuan Financial Services Authority Act 1996 · s 14

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s 14Delegation of Authority’s function or powers

(1)

The Authority may delegate any of its functions or powers to—

(a)

any member of the Authority;

(b)

any committee established by the Authority; or

(c)

any officer or servant of the Authority.

(2)

A delegation under this section shall not preclude the

Authority itself from performing or exercising at any time any of the functions or powers under this Act or the laws specified in the Schedule so delegated.