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to endow "to endow" means to pass, or covenant to pass, the title in property, absolutely so as to transfer the title to the property effectively, with or without consideration, to a Labuan foundation so that the property is the property of that Labuan foundation.
ACT 706 - LABUAN FOUNDATIONS ACT 2010
2. Interpretation. |
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to endow "to endow" means to pass, or covenant to pass, the title in property, absolutely so as to transfer the title to the property effectively, with or without consideration, to a Labuan foundation so that the property is the property of that Labuan foundation.
ACT 706 - LABUAN FOUNDATIONS ACT 2010
2. Interpretation |