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← Malaysia Deposit Insurance Corporation Act 2011

Malaysia Deposit Insurance Corporation Act 2011 s 52

Malaysia Deposit Insurance Corporation Act 2011 s 52

s 52 Overdue charges in respect of deposit-taking members

Where any premium or premium surcharge due and payable under section 47, 48 or 51 has not been paid by the deposit-taking member on the due date, the unpaid premium or premium surcharge shall, without further notice being served on the deposit-taking member, be increased by a sum as may be prescribed in the regulations of the premium so unpaid.

Malay text (authoritative)

Caj lampau tempoh berkenaan dengan anggota penerima deposit

Jika mana-mana premium atau surcaj premium yang terhutang dan kena dibayar di bawah seksyen 47, 48 atau 51 belum dibayar oleh anggota penerima deposit pada tarikh kena dibayar, premium atau surcaj premium yang belum dibayar itu hendaklah, tanpa penyampaian notis lanjutan kepada anggota penerima deposit itu, dinaikkan ke suatu jumlah yang ditetapkan dalam peraturan-peraturan premium yang belum dibayar sedemikian.

Read this section in the full act β†’ Β· Open Chapter 2 β†’

Find Act 720 on lom.agc.gov.my β†—

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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