Labuan Islamic Financial Services and Securities Act 2010 s 143
Labuan Islamic Financial Services and Securities Act 2010 s 143
s 143 Application of Capital Markets and Services Act 2007
(1) Subject to subsections (2) and (3), nothing in this Act shall affect the provisions of the Capital Markets and Services Act 2007 and in the application of any provision of this Act to any person, such provision shall apply subject to the provisions of the Capital Markets and Services Act 2007.
(2) Where there is conflict or inconsistency between the provisions otf this Act and the Capital Markets and Services Act 2007, the provisions of the Capital Markets and Services Act 2007 shall prevail.
(3) The provisions of the Capital Markets and Services Act 2007 shall not apply to a licensed entity in respect of any transaction or activity that forms part of its activities licensed under this Act, when such transaction or activity is carried out in Labuan or outside Malaysia.
Malay text (authoritative)
Pemakaian Akta Pasaran Modal dan Perkhidmatan 2007
(1) Tertakluk kepada subseksyen (2) dan (3), tiada apa-apa jua dalam Akta ini boleh menyentuh peruntukan Akta Pasaran Modal dan Perkhidmatan 2007 dan dalam pemakaian manamana peruntukan Akta ini bagi mana-mana orang, peruntukan itu hendaklah terpakai tertakluk kepada peruntukan Akta Pasaran Modal dan Perkhidmatan 2007.
(2) Jika terdapat percanggahan atau ketidakselarasan antara peruntukan Akta ini dengan Akta Pasaran Modal dan Perkhidmatan 2007, peruntukan Akta Pasaran Modal dan Perkhidmatan 2007 hendaklah dipakai.
(3) Peruntukan Akta Pasaran Modal dan Perkhidmatan 2007 tidak terpakai bagi suatu entiti berlesen berkenaan dengan apaapa transaksi atau aktiviti yang menjadi sebahagian daripada aktivitinya yang dilesenkan di bawah Akta ini, apabila transaksi atau aktiviti itu dijalankan di Labuan atau di luar Malaysia.
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).
