Malaysia legislation
Section 62
Section 62
(a)
to receive, on request, information from the Labuan foundation in respect of the fulfilment of the purposes and objects of the Labuan foundation;
Act 706
(b)
on request, to inspect and to be supplied with a copy of—
(i)
the charter of the Labuan foundation and any amendment made to the charter;
(ii)
the articles of the Labuan foundation and any amendment made to the articles;
(iii)
any audit report, including special audit reports, books of account, reports on the financial position of the Labuan foundation and its annual accounts.
(2)
The request to receive information or inspect documents referred to in subsection (1) shall be made in writing.
(3)
The information and documents referred to in subsection (1)
shall include—
(a)
all documents relating to the vested interest of the beneficiary in which the terms of the Labuan foundation or any exercise of power or discretion is to be found;
and
(b)
all financial statements of the Labuan foundation as they relate to the interest of the beneficiary.
Rights of beneficiary to confidentiality