Section 144
Financial Services Act 2013 and Islamic Financial Services Act 2013
of Malaysia Deposit Insurance Corporation Act 2011
On a petition for the winding up of an insurer member, the following provisions shall not apply:
(a)
sections 366, 367, 368, 370, 487, 499 and 512, subsections 454(2) and 454(3) and paragraphs 1, 2, 5, 6, 7,
8, 9, 10, 11, 12 and 13 of the Tenth Schedule of the
Companies Act 2016;
(b)
(Deleted by Act A1505);
(c)
(Deleted by Act A1505).
156
(2)
Notwithstanding section 268 of the Financial Services Act 2013
and section 279 of the Islamic Financial Services Act 2013, where there is any conflict or inconsistency between the provisions of this
Act and the provisions of those Acts, the provisions of this Act, and the Companies Act 2016 insofar as applicable, shall prevail.