Labuan Foundations Act 2010 · Updated to 23 Apr 2025 · Part IV · Registration of Labuan Foundation
18. Change of name
Feedback & supportA Labuan foundation may, if permitted by its charter, change its name.
Where a Labuan foundation changes its name, it shall send a notice of the change to the Authority in accordance with the provisions of subsection 17(1).
If a Labuan foundation fails to comply with subsection (2), the
Labuan foundation, the secretary and every officer who is in default shall be liable to an administrative penalty.
secretary
“secretary” means a Labuan Trust company appointed as secretary in accordance with section 41;
If the Authority approves the name which the Labuan foundation proposes to be its new name, the Authority may, on payment of the prescribed fee, issue a certificate of registration of the
certificate of registration
“certificate of registration” means the certificate of registration issued under section 15 upon the registration of a Labuan foundation;
Labuan foundation under the new name and upon the issuance of such certificate of registration the change of name shall become effective.
Labuan Foundations 21
If the name of a Labuan foundation, whether through inadvertence or otherwise and whether originally or by a change of name, is a name by which the Labuan foundation could not be registered without contravention of section 13, the Labuan foundation shall change its name to a name to be approved by the Authority.
If the Authority approves the change of the name of the Labuan foundation under subsection (5), the Labuan foundation shall so change such name within thirty days after the date of such approval or such longer period as the Authority may allow, unless the Minister, by written notice, annuls the approval.
Minister
“Minister” means the Minister for the time being charged with the responsibility for finance;