Malaysia legislation

Section 20

of *BANK SIMPANAN NASIONAL ACT 1974

Section 20

Guarantee of the Government

The repayment of all moneys deposited in the Bank together with interest thereon is guaranteed by the Government and accordingly, in the event that the assets of the Bank shall be insufficient to pay the lawful claims of every depositor, such deficiency shall be charged on and paid out of the

Consolidated Fund and the Minister shall certify such deficiency to the

Dewan Rakyat at the earliest possible opportunity.