Section 25
of Labuan Foundations Act 2010
Section 25
The charter of a Labuan foundation may provide for the appointment of a council which shall consist of one or more members who may be a natural person or corporation.
(2)
Prior to the registration of the Labuan foundation, the council member may be appointed by the founder.
(3)
Upon the registration of the Labuan foundation, the council member may be appointed by the founder or such other person as may be empowered by the founder in the charter or articles of the Labuan foundation.
(4)
A founder or beneficiary who is not an officer of the Labuan foundation may be appointed as a council member.
(5)
The appointment of a council member of a Labuan foundation shall not be effective unless he has delivered to the founder or the person appointing him, as the case may be, his consent in writing to such appointment.