Labuan Foundations Act 2010 · Updated to 23 Apr 2025 · Part V · Council, Officers and Secretary
29. Appointment of supervisory person
Feedback & supportWhere the constituent document provides for the appointment of a supervisory person, the provisions of sections 25, 26,
constituent document
“constituent document” means the charter and the articles, of a Labuan foundation;
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27 and 28 shall apply mutatis mutandis, subject to the constituent document, to that appointment and that supervisory person.
supervisory person
“supervisory person” means any person or body of persons having supervisory powers over the Labuan foundation and is appointed under the charter of the Labuan foundation;
Where a Labuan foundation has a supervisory person in lieu of or in addition to a council member, all references in this Act to a council and council members shall be construed to include such supervisory person.