Section 105
Transition services
of Malaysia Deposit Insurance Corporation Act 2011
Where one or more transactions referred to in paragraph 99(1)(g) are effected, the Corporation or the appointed person may cause the member institution to agree to provide services to the transferee in return for the transferee paying or reimbursing the member institution’s reasonable costs of doing so as approved by the
Corporation.
(2)
An agreement referred to in subsection (1) is binding on any receiver, manager, receiver and manager or liquidator appointed in respect of the member institution, and in such a case the member institution’s costs of providing the services shall be deemed to include the fees of such receiver, manager, receiver and manager or liquidator for time spent in connection with the provision of the services as approved by the Corporation.