Section 26
Recovery of surcharge
of Labuan Financial Services Authority Act 1996
ActIn forceProvision 31 of 75
Section 26
The amount of any surcharge made under subsection 23(3) and not withdrawn under section 25 shall be a debt due to the Authority
28 Laws of Malaysia ACT 545
from the person surcharged and may be sued for and recovered in any court at the suit of the Authority and may also, if the Authority so directs, be recovered by deduction—
(a)
from the salary of the person surcharged; or
(b)
from the pension of the person surcharged, by equal monthly instalments not exceeding one-fourth of the total monthly salary or pension, as the case may be, of that person.