carry on business

"carry on business" (Deleted) [Deleted by Act A1179 - Prior text read - ""carry on business" in relation to a trust company, means carrying on any economic activity as a trustee, agent, executor or administrator pursuant to the objects of the trust company and, without limiting the generality of the foregoing, includes- (a) establishing or using a share transfer office or share registration office; (b) administering, managing or otherwise dealing with property as an agent, legal personal representative or trustee, whether by servant or agent or otherwise; (c) maintaining an agent for the purpose of soliciting or procuring business, whether or not the agent is continuously resident in Labuan; (d) maintaining an office, agency or branch, whether or not that office, agency or branch is also used for any purpose by another company; (e) the provision of- (i) management and accounting services to; or (ii) directors, secretaries and registered offices for, offshore companies incorporated under the Offshore Companies Act 1990 and foreign offshore companies registered under that Act; and (f) incorporating or registering companies under the Offshore Companies Act 1990 and generally acting as a lodging agent for any document required to be lodged by a company or person under that Act;"]
ACT 442 - LABUAN TRUST COMPANIES ACT 1990
2. Interpretation.