Section 149
Fee, premium or levy for stabilisation coverage
of Malaysia Deposit Insurance Corporation Act 2011
ActIn forceProvision 169 of 236
Section 149
(1)
Where a stabilisation coverage is provided, a member institution or a prescribed person shall pay to the Corporation such fee, premium or levy as may be determined by the Minister.
Malaysia Deposit Insurance Corporation 159
(2)
Notwithstanding any other provision of this Act, the member institution or the prescribed person shall pay the fee, premium or levy under subsection (1) within such period and in such manner as the
Corporation considers appropriate.