Section 32
Rights of council
of Labuan Foundations Act 2010
In addition to the rights of the council provided for in the constituent document and in the other provisions of this Act, the council shall have the following rights:
(a)
to be informed of all meetings of the officers;
(b)
to attend and be heard but not to vote at meetings of the officers;
(c)
where any business of a Labuan foundation is conducted by the circulation of documents, to be included in the circulation of documents at the time that they are circulated to the officers;
(d)
where any business of a Labuan foundation is conducted by the delegation of powers to an officer, to be informed of the terms and any exercise of the power that has been delegated.
Labuan Foundations 29
(2)
The council shall have access to the books, records, accounts and vouchers of the Labuan foundation.