Malaysia legislation

Section 15

of *MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011

Section 15

The Board may act notwithstanding any vacancy and its proceedings shall not be invalidated by—

(a)

the absence of any director;

(b)

any defect afterwards discovered in the appointment or qualification of any director or the constitution of the

Board;

(c)

any omission, defect or irregularity in the convening or conduct of a meeting; or

(d)

the presence or participation of a person who is not a director of the Board.

Remuneration and allowances for directors

Section 15 — MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011