Labuan Financial Services Authority Act 1996 · Updated to 1 Dec 2011 · Part II · The Authority
Labuan Financial Services Authority Act 1996 · Updated to 1 Dec 2011 · Part II · The Authority
Official textFrom Laws of Malaysia Online, unchanged
The office of a member of the Authority shall be vacated—
Authority
“Authority” means the Labuan Financial Services Authority established under section 3;
if he dies;
if he has been convicted of any offence under any law;
if he becomes a bankrupt;
if he is of unsound mind or is otherwise incapable of discharging his duties; or
if he absents himself from three consecutive meetings of the Authority without leave of the Chairman or in the case of the Chairman, without leave of the Minister.
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;