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Section 159

Power of the Minister to grant exemptions

of Labuan Islamic Financial Services and Securities Act 2010

ActIn forceProvision 159 of 161
Section 159

The Minister may, on the recommendation of the Authority, exempt any licensed entity regulated under this Act or any person or any class of persons or any class of licensees or entities regulated under this Act from any of the provisions of this Act and may, in granting such exemption, impose such terms and conditions as the Minister thinks fit.

Labuan Islamic Financial Services and Securities 153

Publication of notification, Gazette