Labuan Foundations Act 2010 · Updated to 23 Apr 2025 · Part VI · Capacity of Labuan Foundation
50. Capacity and powers
Feedback & supportA Labuan foundation duly registered under this Act is a body corporate and may sue and be sued in its corporate name.
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Subject to this Act and the provisions of its constituent document, a Labuan foundation has the capacity, rights, powers, and privileges of an individual person.
constituent document
“constituent document” means the charter and the articles, of a Labuan foundation;
The charter of a Labuan foundation may contain provisions restricting its capacity, rights, powers and privileges.
charter
“charter” means the charter of a Labuan foundation provided for in section 8;
Notwithstanding subsection (3), the validity of an act done by a
Labuan foundation shall not be called into question on the ground of lack of capacity by reason of anything contained in its charter.