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In forceUpdated to 23 Apr 2025Read it in Bahasa Malaysia

Part IV · Registration of Labuan Foundation

13. Name of Labuan foundation

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(1)

The name of a Labuan foundation shall include the words

“Labuan Foundation”, “(L) Foundation”, “Yayasan Labuan” or

“Yayasan (L)” as part of the name of the Labuan foundation.

(2)

The name of a Labuan foundation may be—

(a)

in romanised characters, any word or words in the national language of any country which connote a foundation, or any abbreviation, as part of its name; or

(b)

in foreign characters, alphabet or language provided that an accurate and certified rendition of the name in the English language is employed and is clearly stated in every written communication sent by, or on behalf of, the Labuan foundation and every document issued or signed by, or on behalf of, the Labuan foundation that evidences or creates a legal obligation of the foundation.

(3)

Except with the consent of the Minister, a Labuan foundation shall not be registered where the name of the Labuan foundation to be registered is in the opinion of the Authority in any way misleading or otherwise undesirable.

Labuan Foundations 19

(4)

No description of a Labuan foundation shall be deemed inadequate or incorrect by reason of the use of an abbreviation or abbreviations in place of any word or words referred to in subsection (2).

Report

Part V

Council, Officers and Secretary

Part VI

Capacity of Labuan Foundation

Part VII

Beneficiaries

Part VIII

Dissolution

Part IX

General Provisions

Schedules