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← Labuan Offshores Trusts Act 1996

Labuan Offshores Trusts Act 1996 s 15

s 15 Register and restriction on disclosure

(1) The Authority may keep and maintain a register of all offshore trusts registered under subsection 12(4) and shall enter therein any change in particulars that has been duly notified to the Authority and any other matters as the Authority deems appropriate. (2) At the request of a trustee of a trust, and on adequate proof being given to the satisfaction of the Authority, the Authority may issue a certificate stating, based on the information available to the Authority, that on the date of the certificateβ€” (a) the applicant was a trustee of the trust; or (b) a copy of the trust instrument as reproduced and certified has been registered with the Authority pursuant to section 13. (3) Subject to the terms of the trust and to any order of the Court to the contrary, all documents filed with or kept by the Authority in relation to offshore trusts shall not be open to the public for inspection, and the Authority shall not disclose to any person any such documents or any information which may have come to its knowledge in the performance of its duties under this Act.

Read this section in the full act β†’ Β· Open Part II β†’

Find Act 554 on lom.agc.gov.my β†—

Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated.

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

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