Labuan Foundations Act 2010 · Updated to 23 Apr 2025 · Part II · Administration of the Act
3. Administration of the Act
Feedback & supportThe Authority shall be responsible for the administration of this Act subject to the general directions and control of the Minister.
The Authority may authorize any of its members or officers to perform any of its functions, exercise any of its powers or discharge any of its duties under this Act.
Subject to such limitations, if any, as may be prescribed by the
Authority, an authorized officer shall exercise all the powers, discharge all the duties and perform all the functions of the Authority and every power so exercised, duty so discharged and function so performed shall be deemed to have been duly exercised, discharged and performed for the purposes of this Act.