107. Establishment of Labuan Islamic foundation

Terms defined in s 2

• established

  established

  Defined · s 2

  “established”, in relation to a person specified in the first column of the First Schedule, has the meaning set out in the third column of the First Schedule as against such person;

  Open s 2
• establishment

  establishment

  Defined · s 2

  “establishment”, in relation to— (a) a company, means incorporation; (b) a statutory body, means the coming into existence under the law establishing, appointing or constituting it; (c) co-operative society, means registration, incorporation or otherwise the coming into legal existence as a co-operative society; *NOTE—The Companies Act 1965 has since been repealed by the Companies Act 2016 which comes into operation on 31 January 2017—see subsection 620(1)…

  Open s 2
• foundation

  foundation

  Defined · s 2

  “foundation” means a foundation established under the Labuan Foundations Act 2010, Part IX or such similar entity established under the laws of any recognized country or jurisdiction notwithstanding any statutory definition to the contrary;

  Open s 2
• Labuan

  Labuan

  Defined · s 2

  “Labuan” means the Federal Territory of Labuan;

  Open s 2
• Labuan Islamic foundation

  Labuan Islamic foundation

  Defined · s 2

  “Labuan Islamic foundation” means a foundation established under section 107;

  Open s 2