Malaysia legislation

Section 55

of *MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011

Section 55

(a)

Islamic deposits and all costs associated therewith shall be made from the Islamic deposit insurance fund; and

(b)

conventional deposits and all costs associated therewith shall be made from the conventional deposit insurance fund.

(2)

All references in this Chapter to deposit-taking members include, where applicable, a former deposit-taking member the membership of which has been cancelled under section 38 or terminated under section 39.

76

Obligatory payment