Section 29
Appointment of supervisory person
of Labuan Foundations Act 2010
ActIn forceProvision 29 of 117
Section 29
(1)
Where the constituent document provides for the appointment of a supervisory person, the provisions of sections 25, 26, 27
and 28 shall apply mutatis mutandis, subject to the constituent document, to that appointment and that supervisory person.
(2)
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.