Malaysia legislation

Section 105

of *MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011

Section 105

(2)

An agreement referred to in subsection (1) is binding on any receiver, manager, receiver and manager or liquidator appointed in respect of the member institution, and in such a case the member institution’s costs of providing the services shall be deemed to include the fees of such receiver, manager, receiver and manager or liquidator for time spent in connection with the provision of the services as approved by the Corporation.

Appointment of a receiver, etc.

Section 105 — MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011