Labuan Foundations Act 2010 s 31
s 31 Powers of council
(1) The constituent document may specify the powers of the council and provide for powers in addition to those provided for in this Act.
(2) The council shall—
(a) take such action as it deems necessary to ensure compliance by the Labuan foundation and its officers with the terms of the constituent document and the provisions of this Act; and
(b) be responsible for the general supervision of the management of the Labuan foundation by its officers.
(3) The council shall represent the Labuan foundation and for the purpose of ensuring compliance with the terms of the constituent document and the provisions of this Act, the officers of the Labuan foundation shall act in accordance with the instructions of the council.
Malay text (authoritative)
Kuasa majlis
(1) Dokumen konstituen boleh menentukan kuasa majlis dan mengadakan peruntukan bagi kuasa tambahan kepada kuasa yang diperuntukkan di bawah Akta ini.
(2) Majlis hendaklah—
(a) mengambil apa-apa tindakan yang difikirkannya perlu untuk memastikan pematuhan terma dokumen konstituen dan peruntukan Akta ini oleh yayasan Labuan itu dan pegawai-pegawainya; dan
(b) bertanggungjawab bagi penyeliaan secara am pengurusan yayasan Labuan itu oleh pegawaipegawainya.
(3) Majlis hendaklah mewakili yayasan Labuan dan bagi maksud memastikan pematuhan terma dokumen konstituen dan peruntukan Akta ini, pegawai yayasan Labuan itu hendaklah bertindak mengikut arahan majlis.
Read this section in the full act → · Open Part V →
Find Act 706 on lom.agc.gov.my ↗
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).
