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← Malaysia Deposit Insurance Corporation Act 2011

Malaysia Deposit Insurance Corporation Act 2011 s 67

Malaysia Deposit Insurance Corporation Act 2011 s 67

s 67 Time limitation for action in respect of insured deposit

The time limit for the commencement of an action against the Corporation in respect of the obligation of the Corporation under subsection 56(2) to make payment in relation to a deposit shall be ten years after the date of the filing of the petition for the winding up.

Malay text (authoritative)

Had masa bagi tindakan berkenaan dengan deposit diinsuranskan

Had masa untuk memulakan suatu tindakan terhadap Perbadanan berkenaan dengan kewajipan Perbadanan di bawah subseksyen 56(2) untuk membuat bayaran berhubung dengan suatu deposit adalah sepuluh tahun selepas tarikh pemfailan petisyen penggulungan.

Read this section in the full act → · Open Chapter 3 →

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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