Labuan Limited Partnerships and Limited Liability Partnerships Act 2010 s 59
s 59 Dealings by partners with the Labuan limited liability partnership
Unless otherwise provided in the partnership agreement, a partner may enter into a transaction with the Labuan limited liability partnership, including lending money to and borrowing money from it.
Malay text (authoritative)
Urusan oleh pekongsi dengan perkongsian liabiliti terhad Labuan
Melainkan jika diperuntukkan selainnya dalam perjanjian perkongsian, seseorang pekongsi boleh membuat transaksi dengan perkongsian liabiliti terhad Labuan, termasuklah meminjamkan wang kepada dan meminjam wang daripadanya.
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Find Act 707 on lom.agc.gov.my ↗
Text as at 1 July 2023 (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).