Malaysia legislation

Section 52

of *MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011

Section 52

Where any premium or premium surcharge due and payable under section 47, 48 or 51 has not been paid by the deposit-taking member on the due date, the unpaid premium or premium surcharge shall, without further notice being served on the deposit-taking member, be increased by a sum as may be prescribed in the regulations of the premium so unpaid.

Section 52 — MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011