Malaysia legislation

Section 28C

of *LABUAN FINANCIAL SERVICES AUTHORITY ACT 1996

Section 28C

(a)

to request, inquire, examine and inspect; or

(b)

to make copies of or take extracts from, any record, report or document from any Labuan financial institution or any corporation related to any Labuan financial institution.

(2)

Any Labuan financial institution who fails to comply with this section shall be guilty of an offence and shall be liable on conviction to a fine not exceeding one million ringgit or to imprisonment for a term not exceeding three years or to both.

34 Laws of Malaysia ACT 545

Appointment of investigating officer, powers, functions and duties