Malaysia legislation

Section 88

of *MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011

Section 88

Where the Corporation makes an obligatory payment under section 80, the Corporation may at its sole discretion pay, in addition to the amount the Corporation is obliged to pay, return or interest on that amount at a rate determined by the Corporation for the period commencing on the date of the filing of the petition for the winding up of the insurer member and ending on the date of the making of the payment by the Corporation, but the aggregate of the payments made under this section and section 80 in relation to a protected benefit shall in no case exceed such amount as prescribed under subsection 69(4).

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Section 88 — MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011