Labuan Foundations Act 2010 · Updated to 23 Apr 2025 · Part V · Council, Officers and Secretary
27. Disqualification of council member
Feedback & supportA person shall not be appointed or remain as a council member if—
person
“person” includes a corporation, a partnership, a body of persons, corporate or unincorporated, and a corporation sole;
he is a bankrupt, mentally disordered or of unsound mind;
that person, being a corporation, is the subject of any proceeding which may result in it being wound up or otherwise dissolved;
corporation
“corporation” means any body corporate, formed or incorporated, or existing within or without Malaysia and includes any foreign Labuan company but does not include— (a) any corporation sole; (b) any trade union registered under any written law as a trade union; and (c) any society registered under any written law relating to co-operative societies;
he is convicted of a criminal offence involving fraud and dishonesty or of any criminal offence for which he has been sentenced to imprisonment; or
he is an officer of the Labuan foundation.
officer
“officer” means the officer of a Labuan foundation appointed in accordance with section 35;