Labuan Financial Services and Securities Act 2010 s 177
Labuan Financial Services and Securities Act 2010 s 177
s 177 Examination and inspection of books and documents of licensed entities
(1) The Authority may from time to time—
(a) examine and inspect the books or other documents, accounts and transactions of any licensed entity; or
(b) obtain from any licensed entity, require any licensed entity to provide access to the Authority to, or require any licensed entity to furnish, any information or copies of any records, books or other documents relating to the business of such licensed entity being carried on under this Act which, in the opinion of the Authority, are necessary to enable it to ascertain compliance with the provisions of this Act.
(2) The Authority may approve the home supervisory authority of a licensed entity to conduct the activities referred to in paragraphs (1)(a) and (b).
(3) Every director or officer of a licensed entity shall extend his co-operation and assistance to the Authority to facilitate any examination and inspection carried out under paragraph (1)(a).
Malay text (authoritative)
Pemeriksaan dan penelitian buku dan dokumen entiti berlesen
(1) Lembaga boleh dari semasa ke semasa—
(a) memeriksa dan meneliti buku atau dokumen lain, akaun dan transaksi lain mana-mana entiti berlesen; atau
(b) mendapatkan daripada mana-mana entiti berlesen, menghendaki mana-mana entiti berlesen untuk memberikan akses kepada, atau menghendaki mana-mana entiti berlesen untuk memberikan, apa-apa maklumat atau salinan apaapa rekod, buku atau dokumen lain yang berhubungan dengan perniagaan entiti berlesen itu yang dijalankan di bawah Akta ini yang, pada pendapat Lembaga, adalah perlu bagi membolehkannya menentukan pematuhan peruntukan Akta ini.
(2) Lembaga boleh meluluskan pihak berkuasa penyeliaan negara asal entiti berlesen itu untuk menjalankan aktiviti yang disebut dalam perenggan (1)(a) dan (b).
(3) Setiap pengarah atau pegawai entiti berlesen hendaklah memberikan kerjasama dan bantuannya kepada Lembaga untuk memudahkan apa-apa pemeriksaan dan penelitian yang dijalankan di bawah perenggan (1)(a).
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).
