Labuan Foundations Act 2010 s 27
A person shall not be appointed or remain as a council member if— (a) he is a bankrupt, mentally disordered or of unsound mind; (b) that person, being a corporation, is the subject of any proceeding which may result in it being wound up or otherwise dissolved; (c) he is convicted of a criminal offence involving fraud and dishonesty or of any criminal offence for which he has been sentenced to imprisonment; or (d) he is an officer of the Labuan foundation.
Kehilangan kelayakan anggota majlis
Seseorang tidak boleh dilantik atau terus kekal sebagai anggota majlis jika— (a) dia seorang bankrap, mengalami kecelaruan mental atau tidak siuman; (b) orang itu, yang merupakan pertubuhan perbadanan, menjadi hal perkara apa-apa prosiding yang mungkin mengakibatkan ia digulung atau dibubarkan selainnya; (c) orang itu telah disabitkan atas suatu kesalahan jenayah yang melibatkan fraud dan kecurangan atau apa-apa kesalahan jenayah yang baginya dia telah dihukum dengan pemenjaraan; atau (d) dia pegawai yayasan Labuan itu.
Text as at 1 August 2015 (LOM reprint); amendments made after that date may not be incorporated.
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).