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Section 34

Power to borrow

of Labuan Financial Services Authority Act 1996

ActIn forceProvision 56 of 75
Section 34

The Authority may from time to time, with the approval of the

Minister, borrow, at such rate of interest and for such period and upon such terms as to the time and method of repayment and otherwise as the Minister may approve, any sums required by the

Authority for meeting any of its obligations or performing any of its functions under this Act.