In forceUpdated to 1 Dec 2011Current version · Updated to 1 Dec 2011Read it in Bahasa Malaysia

Contents

Labuan Financial Services Authority Act 1996

Find in this Act

3The Authority and its objectives
4Functions and powers of the Authority
4APower to issue guidelines
4BPower to issue directions
4CPower to publish information
5Membership of the Authority
6Tenure of office
7Resignation and revocation
8Vacation of office
9Power of the Minister to give directions and require information
10Subject to this Act and the approval of the Minister, the Authority shall determine its own procedure. 16 Laws of Mala
11Authority may invite others to meetings
12Remuneration or allowance
13Common seal
14Delegation of Authority’s function or powers
15Authority may establish committees
16Minutes
17Disclosure of interest
17APreservation of secrecy
18Appointment of officers and servants of the Authority
18AEstablishment of staff welfare fund
19Power to grant loans and make advances to its officers and servants
20Disciplinary committees
21Appeal against decision of disciplinary committee
22Power to make disciplinary regulations
23Imposition of surcharge
24Notification of surcharge
25Withdrawal of surcharge
26Recovery of surcharge
27Composition of the Authority in special cases
28Public servants
28AInterpretation in relation to Part IIA
28BSubmission of information

28CExamination
28DAppointment of investigating officer, powers, functions and duties
28E(1) Where an investigating officer is satisfied, or has reason to suspect, that a person has committed any offence under this Act or the la...
28FPower to examine persons
28GSearch of a person
28HObstruction to exercise of powers by an investigating officer
28ITipping off
28JAdmissibility of statements by accused persons
28KAdmissibility of statements and documents of persons who are dead or cannot be traced
28LAdmissibility of translation of documents
28MEvidence taken in foreign states
28NAdmissibility of statements
28OProtection of informers
28PAssistance to other authority

36Protection against suit and legal proceedings
36ARepresentation in civil proceedings
36BCompounding of offences
36CLiability of director, officer, controller, etc.
36D(1) Any person authorized by the Authority may, with the written authorization of the Public Prosecutor, prosecute in any court any case in...
36EApplication for winding up
36FAdditional monetary punishment
36GPower to impose administrative penalties
36HInjunctions or other relief
36ISpecial audit
37Power to make regulations
38Power of the Minister to make modifications
38APower to amend Schedule
38BService of documents on Labuan financial institutions
38CPublic Authorities Protection Act 1948
38DConflict between laws
38EProcedure where none laid down
39Savings and transitional

Schedules

1. Labuan Companies Act 1990 2. Labuan Business Activity Tax Act 1990 3. Labuan Trusts Act 1996 4. Labuan Fou...

Labuan Financial Services Authority Act 1996 · Updated to 1 Dec 2011 · Part II · The Authority

19. Power to grant loans and make advances to its officers and servants

No plain-English summary for s 19 yet. See the rest of this law

Official textFrom Laws of Malaysia Online, unchanged

The Authority may grant loans and make advances to its officers and servants on such terms and conditions as the Authority may determine.

Authority

Defined · s 2

“Authority” means the Labuan Financial Services Authority established under section 3;

Labuan Financial Services Authority 23

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;

Terms defined in s 2

Authority
Defined · s 2
“Authority” means the Labuan Financial Services Authority established under section 3;
Open s 2
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;
Open s 2

Report

Part III

Part IV

Labuan Financial Services Authority Act 1996 · s 19

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Laws of Malaysia Online · Labuan Financial Services Authority Act 1996, Updated to 1 Dec 2011. Reader record updated on 2 Oct 2026.