s 97 Offices and subsidiaries
A bank licensee which is a Labuan company may, subject to the prior written consent of the Authority, open any office other than its principal place of business in Labuan, or acquire or establish any subsidiary.
Labuan Financial Services and Securities Act 2010 s 97
Labuan Financial Services and Securities Act 2010 s 97
Malay text (authoritative)
Pejabat dan subsidiari
Pemegang lesen bank yang merupakan suatu syarikat Labuan boleh, tertakluk kepada persetujuan bertulis Lembaga terlebih dahulu, membuka apa-apa pejabat selain tempat perniagaan utamanya di Labuan, atau memperoleh atau menubuhkan apa-apa subsidiari.
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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