Malaysia Deposit Insurance Corporation Act 2011 s 15
Malaysia Deposit Insurance Corporation Act 2011 s 15
s 15 Actions and proceedings of Board not affected by vacancy, etc.
The Board may act notwithstanding any vacancy and its proceedings shall not be invalidated by—
(a) the absence of any director;
(b) any defect afterwards discovered in the appointment or qualification of any director or the constitution of the Board;
(c) any omission, defect or irregularity in the convening or conduct of a meeting; or
(d) the presence or participation of a person who is not a director of the Board.
Malay text (authoritative)
Tindakan dan prosiding Lembaga tidak terjejas oleh kekosongan, dsb.
Lembaga boleh bertindak walau pun terdapat apa-apa kekosongan dan prosidingnya tidak boleh menjadi tidak sah oleh—
(a) ketidakhadiran mana-mana pengarah;
(b) apa-apa kecacatan yang kemudiannya diketahui dalam pelantikan atau kelayakan mana-mana pengarah atau keanggotaan Lembaga;
(c) apa-apa peninggalan, kecacatan atau ketidakteraturan dalam pengadaan atau penjalanan sesuatu mesyuarat; atau
(d) kehadiran atau penyertaan seseorang yang bukan seorang pengarah Lembaga.
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).