Malaysia legislation

Section 66

of *MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011

Section 66

Assignment

Where the Corporation deems it advisable, the Corporation may withhold payment in respect of any deposit with a deposit-taking

Malaysia Deposit Insurance Corporation 81

member until it has received an assignment in writing of all the rights and interests of the depositor in relation to the deposit.

Section 66 — MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011