Labuan Foundations Act 2010 · Updated to 23 Apr 2025 · Part V · Council, Officers and Secretary
42. Cessation of secretary
Feedback & support(1)
Where the secretary intends to cease acting as the secretary to that Labuan foundation, he shall give at least thirty days prior notice in writing of his intention to the Labuan foundation and lodge with the
secretary
Defined · s 2
“secretary” means a Labuan Trust company appointed as secretary in accordance with section 41;
Authority a declaration of his intention.
(2)
Where the Labuan foundation fails to appoint a replacement secretary within thirty days from the effective date of cessation pursuant to subsection (1), the Labuan foundation is deemed to be struck off the register of Labuan foundations.
Labuan Foundations 41
Documents to be filed through secretary