Labuan Foundations Act 2010 · Updated to 23 Apr 2025 · Part IX · General Provisions
78. Power to impose administrative penalties
Feedback & supportThe Authority may impose administrative penalties on any person who fails to comply with any provisions of this Act.
The Authority shall, before making a decision to impose any administrative penalty on a person, serve on him a written notice giving him an opportunity to show cause why the administrative penalty should not be imposed on him.
administrative penalty
“administrative penalty” means the penalty imposed in accordance with section 78;
If a satisfactory explanation is not received within such period as may be specified in the written notice, the Authority may impose an administrative penalty in an amount not exceeding five hundred ringgit
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for each day of non-compliance and such amount shall not in total exceed the sum of *fifty thousand ringgit.
Where a person has failed to pay an administrative penalty imposed by the Authority under subsection (3), the penalty imposed by the Authority may be sued for and recovered as a debt due to the
person
“person” includes a corporation, a partnership, a body of persons, corporate or unincorporated, and a corporation sole;
Authority.