Malaysia Deposit Insurance Corporation Act 2011 s 97
Malaysia Deposit Insurance Corporation Act 2011 s 97
s 97 Special examinations
(1) Where the Corporation has reason to believe that a due diligence or other examination should be made for the purposes of the exercise of any powers of the Corporation under section 25 or subsection 99(1) or the making of a payment under Chapter 3 of Part IV or Chapter 3 of Part V, the Corporation may conduct one or more special examinations of a member institution.
(2) The scope of special examinations under subsection (1) may include the examination of records, books, accounts or other documents and transactions of the member institution.
(3) For the purpose of this section, an officer, auditor, receiver, manager, receiver and manager, liquidator or agent of the member institution or any other person shall furnish to the officers or employees of the Corporation or any other person appointed by the Corporation
such documents, materials, information or explanations as the Corporation may require.
(4) The Corporation may recover the costs and expenses of a special examination from the member institution as a debt due and payable to the Corporation.
(5) The Corporation shall make a report to Bank Negara Malaysia upon completion of the special examination.
Malay text (authoritative)
Pemeriksaan khas
(1) Jika Perbadanan mempunyai sebab untuk mempercayai bahawa pemeriksaan usaha wajar atau pemeriksaan lain patut dibuat bagi maksud menjalankan mana-mana kuasa Perbadanan di bawah seksyen 25 atau subseksyen 99(1) atau membuat bayaran di bawah Bab 3 Bahagian IV atau Bab 3 Bahagian V, Perbadanan boleh menjalankan satu pemeriksaan khas atau lebih terhadap institusi anggota.
(2) Skop pemeriksaan khas di bawah subseksyen (1) boleh termasuk pemeriksaan rekod, buku, akaun atau dokumen dan transaksi lain institusi anggota.
(3) Bagi maksud seksyen ini, seorang pegawai, juruaudit, penerima, pengurus, penerima dan pengurus, pelikuidasi atau ejen institusi anggota atau mana-mana orang lain hendaklah mengemukakan kepada pegawai atau pekerja Perbadanan atau mana-mana orang lain yang dilantik oleh Perbadanan apa-apa dokumen, bahan, maklumat atau penjelasan yang dikehendaki oleh Perbadanan.
(4) Perbadanan boleh mendapatkan apa-apa kos dan perbelanjaan pemeriksaan khas daripada institusi anggota sebagai suatu hutang yang perlu dan kena dibayar kepada Perbadanan.
(5) Perbadanan hendaklah membuat suatu laporan kepada Bank Negara Malaysia apabila selesainya pemeriksaan khas itu.
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).
