Labuan Financial Services Authority Act 1996 · Updated to 1 Dec 2011 · Part II · The Authority
13. Common seal
Official textFrom Laws of Malaysia Online, unchanged
The Authority shall have a common seal and such seal may from time to time be broken, changed, altered and made anew as the
Authority
“Authority” means the Labuan Financial Services Authority established under section 3;
Authority thinks fit.
Until a seal is provided by the Authority, a stamp bearing the words “Labuan Financial Services Authority” may be used and shall be deemed to be the common seal of the Authority.
Labuan financial services
“Labuan financial services” means any service provided by any person under any of the laws specified in the Schedule;
The common seal shall be kept in the custody of the
Chairman or such other person as may be authorized by the
Authority, and shall be authenticated by either the Chairman or such authorized person or by any officer authorized by the Chairman in writing; and all deeds, documents and other instruments purporting to be sealed with the said seal, authenticated as aforesaid, shall, until the contrary is proven, be deemed to have been validly executed:
Provided that any document or instrument which, if executed by a person not being a body corporate, would not be required to be under seal may in like manner be executed by the Authority, and any such document or instrument may be executed on behalf of the Authority by any officer or servant of the Authority generally or specially authorized by the Authority in that behalf.
Labuan Financial Services Authority 17
The common seal of the Authority shall be taken judicial notice of for all official purposes.
Terms defined in s 2
Authority
Defined · s 2“Authority” means the Labuan Financial Services Authority established under section 3;
Labuan financial services
Defined · s 2“Labuan financial services” means any service provided by any person under any of the laws specified in the Schedule;