Section 17
Duties of directors
of Malaysia Deposit Insurance Corporation Act 2011
ActIn forceProvision 17 of 236
Section 17
(1)
A director of the Board shall, at all times, act honestly and in the best interest of the Corporation and use reasonable diligence in the discharge of the duties of his office.
(2)
A director or any person who has been a director shall not—
(a)
make improper use of any information acquired by virtue of his position as a director to gain, directly or indirectly, an advantage for himself or for any other person; or
(b)
do, say or publish anything which may be detrimental to the interests of the Corporation.
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