Section 158
of Malaysia Deposit Insurance Corporation Act 2011
ActIn forceProvision 178 of 236
Section 158
(1)
Without prejudice to subsections 99(5), 115(6) and 180(5), the Corporation may acquire or dispose of any asset—
(a)
pursuant to the statutory vesting provisions set out in the
Third Schedule; or
(b)
in accordance with general law.
(2)
A vesting certificate or transfer certificate issued in accordance with the Third Schedule shall have the effect set out in the Third
Schedule and shall be binding on any person thereby affected.