Labuan Financial Services and Securities Act 2010 s 82
(1) A Labuan trust company shall maintain any record as may be required to be kept under this Act for a period of not less than six years from the date an account has been closed or the transaction has been completed or terminated. (2) Any Labuan trust company which contravenes subsection (1) commits an offence and shall, on conviction, be liable to a fine not exceeding one million ringgit or to imprisonment for a term not exceeding three years or to both.
Memegang simpan rekod
(1) Suatu syarikat amanah Labuan hendaklah menyenggarakan apa-apa rekod yang dikehendaki disimpan di bawah Akta ini bagi suatu tempoh tidak kurang daripada enam tahun dari tarikh akaun itu ditutup atau transaksi itu disempurnakan atau ditamatkan. (2) Mana-mana syarikat amanah Labuan yang melanggar subseksyen (1) melakukan suatu kesalahan dan boleh, apabila disabitkan, didenda tidak melebihi satu juta ringgit atau dipenjarakan selama tempoh tidak melebihi tiga tahun atau kedua-duanya.
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).