Labuan Financial Services Authority Act 1996 · Updated to 1 Dec 2011 · Part III · Finance
Labuan Financial Services Authority Act 1996 · Updated to 1 Dec 2011 · Part III · Finance
Official textFrom Laws of Malaysia Online, unchanged
The Authority shall cause proper accounts of the Fund and proper reports of its activities to be kept and shall, as soon as practicable after the end of each financial year, cause to be prepared—
Authority
“Authority” means the Labuan Financial Services Authority established under section 3;
52 Laws of Malaysia ACT 545
a statement of accounts of the Authority which shall include a balance sheet and an account of income and expenditure; and
a statement of its activities, for that financial year.
The Authority shall as soon as possible send a copy of the statement of accounts certified by the auditors and a copy of the auditor’s report to the Minister who shall cause them to be laid before both Houses of Parliament.
Minister
“Minister” means the Minister for the time being charged with the responsibility for finance;
The Statutory Bodies (Accounts and Annual Reports)
Act 1980 [Act 240] shall apply to the Authority.
Authority
“Authority” means the Labuan Financial Services Authority established under section 3;
Minister
“Minister” means the Minister for the time being charged with the responsibility for finance;
Part IV