Section 22
Financial assistance to officers, employees and other persons
of Malaysia Deposit Insurance Corporation Act 2011
ActIn forceProvision 22 of 236
Section 22
The Corporation may provide—
(a)
subsidies, grants,
Islamic financing facilities or conventional credit facilities, with or without return or interest, for the acquisition of housing or vehicle or for medical purposes or for compassionate financing or loans, to its officers and employees;
(b)
Islamic financing facility or conventional credit facility, with or without return or interest, for educational purposes or scholarships to its officers and employees or any other person; and
(c)
donations to any person, on such terms and conditions as the Board may determine.