Labuan Financial Services Authority Act 1996 · Updated to 1 Dec 2011 · Part IV · General
39. Savings and transitional
Official textFrom Laws of Malaysia Online, unchanged
All regulations, instructions, directions, orders or decisions made by the Registrar or the Bank, as the case may be, under any law relating to offshore financial services existing before the commencement of this Act shall be deemed to have been made by the
Registrar
“Registrar” means the Registrar of Companies under the Companies Act 1965, and includes any Regional Registrar, Deputy Registrar or Assistant Registrar of Companies. (2).
Authority unless amended or revoked or until the date upon which they expire.
Authority
“Authority” means the Labuan Financial Services Authority established under section 3;
All regulations, instructions, directions, orders or decisions made by the Minister responsible for the Offshore Companies Act 1990 and the Labuan Trust Companies Act 1990 under those Acts existing before the commencement of this Act shall be deemed to have been made by the Minister charged with the responsibility for finance unless amended or revoked or until the date upon which they expire.
Minister
“Minister” means the Minister for the time being charged with the responsibility for finance;
All applications, approvals or decisions pending before the
Registrar or the Bank, as the case may be, under any law relating to offshore financial services shall, upon the commencement of this Act, be dealt with by the Authority.
Bank
“Bank” means the Central Bank of Malaysia established under the Central Bank of Malaysia Act 1958;
64 Laws of Malaysia ACT 545
All applications, approvals or decisions pending before the
Minister responsible for the Offshore Companies Act 1990 and the
Labuan Trust Companies Act 1990 under those Acts shall, upon the commencement of this Act, be dealt with by the Minister charged with the responsibility for finance.
Labuan
“Labuan” means the Federal Territory of Labuan; Labuan Financial Services Authority 9
All instruments, certificates or documents lodged with the
Registrar or the Bank, as the case may be, under any law relating to offshore financial services before the commencement of this Act shall, upon the commencement of this Act, be deemed to be lodged with the Authority.
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Terms defined in s 2
Authority
Defined · s 2“Authority” means the Labuan Financial Services Authority established under section 3;
Bank
Defined · s 2“Bank” means the Central Bank of Malaysia established under the Central Bank of Malaysia Act 1958;
Labuan
Defined · s 2“Labuan” means the Federal Territory of Labuan; Labuan Financial Services Authority 9
Minister
Defined · s 2“Minister” means the Minister for the time being charged with the responsibility for finance;
Registrar
Defined · s 2“Registrar” means the Registrar of Companies under the Companies Act 1965, and includes any Regional Registrar, Deputy Registrar or Assistant Registrar of Companies. (2).