Malaysia legislation

Section 171

of CAPITAL MARKETS AND SERVICES (AMENDMENT) ACT 2012

Section 171

Application of insurance money

(a)

a right of action against a person with whom a contract of insurance or indemnity is made under this Act in respect of such contract; or

(b)

a right or claim with respect to any monies paid by the insurer in accordance with such contract.

Monies in the Capital Market Compensation Fund upon winding up of the relevant stock exchange