Labuan Islamic Financial Services and Securities Act 2010 s 159
Labuan Islamic Financial Services and Securities Act 2010 s 159
s 159 Power of the Minister to grant exemptions
The Minister may, on the recommendation of the Authority, exempt any licensed entity regulated under this Act or any person or any class of persons or any class of licensees or entities regulated under this Act from any of the provisions of this Act and may, in granting such exemption, impose such terms and conditions as the Minister thinks fit.
Malay text (authoritative)
Kuasa Menteri untuk memberikan pengecualian
Menteri boleh, atas syor Lembaga, mengecualikan manamana entiti berlesen yang dikawal selia di bawah Akta ini atau mana-mana orang atau mana-mana kelas orang atau mana-mana kelas pemegang lesen atau entiti yang dikawal selia di bawah Akta ini daripada mana-mana peruntukan Akta ini dan boleh, dalam memberikan pengecualian sedemikian, mengenakan apa-apa terma dan syarat sebagaimana yang difikirkan patut oleh Menteri.
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).