Malaysia legislation

Section 128D

of *MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011

Section 128D

Malaysia Deposit Insurance Corporation 139

(2)

Any replacement transfer order issued by the Corporation under subsection (1) stating that any shares issued by the member institution have been transferred to the transferee shall be conclusive evidence of such transfer as of the transfer date stipulated in the replacement transfer order.

(3)

Any act done by a transferee, transferor or any other person, in reliance of a transfer order previously issued shall not be affected by

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any omission or error rectified in a replacement transfer order issued under subsection (1).

General provisions relating to winding up

Definitions

Section 128D — MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011