Malaysia Deposit Insurance Corporation Act 2011 s 55
s 55 Payment
(1) All payments made by the Corporation in respect of—
(a) Islamic deposits and all costs associated therewith shall be made from the Islamic deposit insurance fund; and
(b) conventional deposits and all costs associated therewith shall be made from the conventional deposit insurance fund.
(2) All references in this Chapter to deposit-taking members include, where applicable, a former deposit-taking member the membership of which has been cancelled under section 38 or terminated under section 39.
Malay text (authoritative)
Bayaran
(1) Semua bayaran yang dibuat oleh Perbadanan berkenaan dengan—
(a) deposit Islam dan segala kos yang berhubungan dengannya hendaklah dibuat daripada kumpulan wang insurans deposit Islam; dan
(b) deposit konvensional dan segala kos yang berhubungan dengannya hendaklah dibuat daripada kumpulan wang insurans deposit konvensional.
(2) Semua sebutan dalam Bab ini mengenai anggota penerima deposit termasuklah, jika berkenaan, bekas anggota penerima deposit yang keanggotaannya telah dibatalkan di bawah seksyen 38 atau ditamatkan di bawah seksyen 39.
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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).
