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← Malaysia Deposit Insurance Corporation Act 2011

Malaysia Deposit Insurance Corporation Act 2011 s 183

Malaysia Deposit Insurance Corporation Act 2011 s 183

s 183 Vacation of office of receiver, etc.

(1) Any receiver, manager, receiver and manager or interim liquidator who vacates his office pursuant to paragraph 179(1)(d) shall immediately hand over all the assets, books, records, accounts or other documents of the affected person to the conservator. (2) All sums properly incurred in respect of the costs, expenses and remuneration of such receiver, manager, receiver and manager or interim liquidator shall be charged on and paid out of the realized proceeds of the affected person in the manner set out in the proposal under section 185.

Malay text (authoritative)

Pengosongan jawatan penerima, dsb.

(1) Mana-mana penerima, pengurus, penerima dan pengurus atau pelikuidasi interim yang mengosongkan jawatannya mengikut perenggan 179(1)(d) hendaklah dengan serta merta menyerahkan semua aset, buku, rekod, akaun atau dokumen lain orang terjejas kepada konservator. (2) Semua jumlah wang yang ditanggung dengan sewajarnya berkenaan dengan kos, perbelanjaan dan saraan penerima, pengurus, penerima dan pengurus atau pelikuidasi interim hendaklah dipertanggungkan pada dan dibayar daripada hasil terealisasi orang terjejas mengikut cara yang dinyatakan dalam cadangan di bawah seksyen 185.

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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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