Malaysia legislation

Section 148

of *MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011

Section 148

(2)

Any liability or financial instrument or takaful or insurance benefit that is the subject of a stabilisation coverage order and is not otherwise a deposit or a takaful or an insurance benefit within the meaning of this Act, is deemed to be a deposit or a takaful or an insurance benefit and a person to whom such obligations are owed is deemed to be a depositor or a takaful beneficiary or an insured person for all purposes of this Act.

Fee, premium or levy for stabilisation coverage

Section 148 — MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011