Malaysia legislation
Section 19
of MALAYSIA DEPOSIT INSURANCE CORPORATION (AMENDMENT) ACT 2022
Section 19
Section 63 of the principal Act is amended—
(a)
in the shoulder note, by substituting for the words
“index-linked deposit” the words “investments linked to derivatives previously specified as insured by Corporation”;
(b)
by substituting for the words “a deposit held by a deposit-taking member” the words “investments linked to derivatives held by a deposit-taking member and previously specified as insured by the Corporation”; and
(c)
by substituting for the words “in respect of the deposit”
the words “in respect of the investments linked to derivatives”.
Amendment of section 67