Section 59
Form of licence
of Labuan Islamic Financial Services and Securities Act 2010
A licence granted under this Part shall—
(a)
be in such form as may be specified;
(b)
specify any terms, conditions, restrictions or limitations;
(c)
remain in force until it is revoked; and
(d)
be admissible in all courts as prima facie evidence of the facts stated in it.
*NOTE—The Anti-Money Laundering and Anti-Terrorism Financing Act 2001 [Act 613] has been amended and referred as Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 [Act 613] which comes into operation on 1 September 2014—
see section 3 Anti-Money Laundering and Anti-Terrorism Financing (Amendment) Act 2014
[Act A1467] and P.U. (B) 400/2014.
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