Malaysia legislation

Section 13

of *MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011

Section 13

(2)

The Governor and the Secretary General of the Treasury shall be directors for the duration of their tenures as the Governor and the

Secretary General of the Treasury, respectively.

(3)

An alternate director assigned in subsection 11(2B) by a director referred to in paragraph 11(2)(b) or (c) (referred to in this subsection as “principal director”) shall, unless the assignment is sooner revoked in writing or the position is no longer in existence, cease to be an alternate director when the principal director ceases to be a member of the Board.

Disqualifications and termination of directors of Board

Section 13 — MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011