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← Malaysia Deposit Insurance Corporation Act 2011

Malaysia Deposit Insurance Corporation Act 2011 s 149

Malaysia Deposit Insurance Corporation Act 2011 s 149

s 149 Fee, premium or levy for stabilisation coverage

(1) Where a stabilisation coverage is provided, a member institution or a prescribed person shall pay to the Corporation such fee, premium or levy as may be determined by the Minister. (2) Notwithstanding any other provision of this Act, the member institution or the prescribed person shall pay the fee, premium or levy under subsection (1) within such period and in such manner as the Corporation considers appropriate.

Malay text (authoritative)

Fi, premium atau levi bagi perlindungan penstabilan

(1) Jika suatu perlindungan penstabilan diperuntukkan, institusi anggota atau orang yang ditetapkan hendaklah membayar kepada Perbadanan apa-apa fi, premium atau levi sebagaimana yang ditentukan oleh Menteri. (2) Walau apa pun mana-mana peruntukan lain dalam Akta ini, institusi anggota atau orang yang ditetapkan hendaklah membayar fi, premium atau levi di bawah subseksyen (1) dalam apa-apa tempoh dan mengikut apa-apa cara sebagaimana yang difikirkan sesuai oleh Perbadanan.

Read this section in the full act → · Open Part VIII →

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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