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← Malaysia Deposit Insurance Corporation Act 2011

Malaysia Deposit Insurance Corporation Act 2011 s 121

Malaysia Deposit Insurance Corporation Act 2011 s 121

s 121 Non-application of requirements

A bridge institution shall be exempt from such requirements of or made pursuant to the Financial Services Act 2013 or the Islamic Financial Services Act 2013 and shall be granted such approvals or provided with such recommendations, as may be agreed in a strategic alliance agreement between the Corporation and Bank Negara Malaysia.

Malay text (authoritative)

Ketidakpakaian kehendak

Suatu institusi perantaraan adalah terkecuali daripada apa-apa kehendak di bawah atau yang dibuat menurut Akta Perkhidmatan Kewangan 2013 atau Akta Perkhidmatan Kewangan Islam 2013 dan hendaklah diberi apa-apa kelulusan atau disediakan dengan apa-apa syor, sebagaimana yang dipersetujui dalam suatu perjanjian perikatan strategik antara Perbadanan dengan Bank Negara Malaysia.

Read this section in the full act → · Open Chapter 2 →

Find Act 720 on lom.agc.gov.my ↗

Text as at 21 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).

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