Malaysia legislation

Section 97

of *MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011

Section 97

(2)

The scope of special examinations under subsection (1) may include the examination of records, books, accounts or other documents and transactions of the member institution.

(3)

For the purpose of this section, an officer, auditor, receiver, manager, receiver and manager, liquidator or agent of the member institution or any other person shall furnish to the officers or employees of the Corporation or any other person appointed by the Corporation

110

such documents, materials, information or explanations as the

Corporation may require.

(4)

The Corporation may recover the costs and expenses of a special examination from the member institution as a debt due and payable to the Corporation.

(5)

The Corporation shall make a report to Bank Negara Malaysia upon completion of the special examination.

Resolution planning

Section 97 — MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011