Malaysia Deposit Insurance Corporation Act 2011 s 155
s 155 No set-off
Unless the Corporation otherwise agrees in any particular case, no payment owing to the Corporation by a member institution or a prescribed person shall be discharged, reduced or otherwise adjusted by reason of any claim that the member institution or the prescribed person may have against the Corporation.
Malay text (authoritative)
Tiada tolakan
Melainkan jika Perbadanan bersetuju sebaliknya dalam manamana hal tertentu, tiada pembayaran yang terhutang kepada Perbadanan oleh suatu institusi anggota atau orang yang ditetapkan boleh dilepaskan, dikurangkan atau selainnya diselaraskan oleh sebab apa-apa tuntutan yang institusi anggota atau orang yang ditetapkan itu ada terhadap 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).