Section 37
Power to make regulations
of Labuan Financial Services Authority Act 1996
ActIn forceProvision 68 of 75
Section 37
(2)
Regulations made under this section—
(a)
may provide that any contravention of any provision thereof shall be an offence; and
(b)
may provide for the imposition of penalties which shall not exceed twenty-five thousand ringgit for any offence thereunder.