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← Malaysia Deposit Insurance Corporation Act 2011

Malaysia Deposit Insurance Corporation Act 2011 s 128

Malaysia Deposit Insurance Corporation Act 2011 s 128

s 128 Corporation may hold shares of member institution

Notwithstanding subparagraph 25(2)(a)(iii), the Corporation may hold— (a) shares of a former bridge institution; or (b) shares of any other person that are received by the Corporation, directly or from a bridge institution as a result of a sale or other disposition by the Corporation of shares of a bridge institution or a sale or other disposition of assets of a bridge institution.

Malay text (authoritative)

Perbadanan boleh memegang syer institusi anggota

Walau apa pun subperenggan 25(2)(a)(iii), Perbadanan boleh memegang— (a) syer bekas institusi perantaraan; atau (b) syer mana-mana orang lain yang diterima oleh Perbadanan, sama ada secara langsung atau daripada suatu institusi perantaraan akibat jualan atau pelupusan lain syer institusi perantaraan atau jualan atau pelupusan lain aset institusi perantaraan oleh Perbadanan.

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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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