|Perbadanan Labuan Act 2001|
|ARRANGEMENT OF SECTIONS|
An Act to repeal the Lembaga Pembangunan Labuan Act 1992 and to revoke the Labuan Municipal Council Instrument 1983; to dissolve the Lembaga Pembangunan Labuan and the Labuan Municipal Council; to establish the Perbadanan Labuan in place of the Lembaga Pembangunan Labuan and the Labuan Municipal Council; and the provide for matters connected therewith.
|Short title and commencement|
|1.||(1)||This Act may be cited as the Perbadanan Labuan Act 2001|
|(2)||This Act shall come into operation on such date as the Minister may, by notification in theGazette, appoint and the Minister may appoint different dates for the coming into operation of different provisions of this Act.|
|2.||In this Act, unless the context otherwise requires -|
"Chief Executive Officer" means the Chief Executive Officer appointed under subsection 10(1) and includes any officer directed under subsection 10(6) to perform the duties of the Chief Executive Officer;
"Fund" means the Fund established under section 13 ;
"Advisory Council" means the Advisory Council established under section 6;
"Minister" mean the Minister of Finance;
"Chairman" means the Chairman of the Perbadanan appointed under section 5;
"Perbadanan" means the Perbadanan Labuan established under section 3.