Malaysia legislation

Section 128

of *MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011

Section 128

Notwithstanding subparagraph 25(2)(a)(iii), the Corporation may hold—

(a)

shares of a former bridge institution; or

(b)

shares of any other person that are received by the

Corporation, directly or from a bridge institution as a result of a sale or other disposition by the Corporation of shares of a bridge institution or a sale or other disposition of assets of a bridge institution.

Chapter 2A

Provisions relating to compulsory transfer of shares

Definitions