Malaysia legislation
Section 63
Section 63
Corporation makes a discretionary payment—
Any return or interest referred to in section 60 or 62 in relation to investments linked to derivatives held by a deposit-taking member and previously specified as insured by the Corporation shall be determined in accordance with rules prescribed by the Corporation if a payment to be made by the deposit-taking member in respect of the investments linked to derivatives is to be determined, in whole or in part, by reference in any way to—
(a)
the market price of a security, commodity or financial instrument;
(b)
the exchange rate between any two currencies;
(c)
a reference rate determined by reference to any one or more of those prices or rates;
(d)
a reference rate determined by reference to any one or more non-financial events; or
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(e)
any other kind of variable index or reference point as may be specified by the Corporation.
Discharge of liability, etc., in respect of insured deposit