Malaysia legislation
Section 133
Section 133
Subject to an order of the Court and notwithstanding subsection 487(4) of the Companies Act 2016, a liquidator, other than the Official Receiver, appointed in respect of the winding up of a member institution shall carry out his functions under the direction and supervision of the Corporation.
Specific provision on winding up of deposit-taking member
Priority of payments in the winding up of a deposit-taking member