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Section 158

Power of the Minister to amend Schedules

of Labuan Islamic Financial Services and Securities Act 2010

ActIn forceProvision 158 of 161
Section 158
(1)

The Minister may, on the recommendation of the

Authority, from time to time by order published in the Gazette, vary, delete, add to, substitute for, or otherwise amend any of the

Schedules in this Act and upon such publication, such Schedule as varied, deleted, added to, substituted for or otherwise amended, shall come into full force and effect and shall be deemed to be an integral part of this Act as from the date of such publication, or from such later date as may be specified in the order.

(2)

The Minister, in varying, deleting or substituting any of the

Schedules referred to in subsection (1) may impose such terms and conditions as he thinks necessary.