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← Malaysia Deposit Insurance Corporation Act 2011

Malaysia Deposit Insurance Corporation Act 2011 s 92

Malaysia Deposit Insurance Corporation Act 2011 s 92

s 92 Assignment in respect of protected benefit

Where the Corporation deems it advisable, the Corporation may withhold payment in respect of any protected benefit until it has received an assignment in writing of all the rights and interests of the takaful beneficiary or insured person in relation to the protected benefit.

Malay text (authoritative)

Penyerahhakan berkenaan dengan manfaat dilindungi

Jika Perbadanan menyifatkannya sebagai wajar, Perbadanan boleh menahan bayaran berkenaan dengan apa-apa manfaat dilindungi sehingga ia telah menerima suatu penyerahhakan secara bertulis terhadap semua hak dan kepentingan benefisiari takaful atau orang diinsuranskan berhubung dengan manfaat dilindungi itu.

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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