Skip to content

Section 26

Lending of money or provision of financing for specified purposes

of Malaysia Deposit Insurance Corporation Act 2011

ActIn forceProvision 26 of 236
Section 26

The Corporation may make a loan or provide financing, whether with or without security, to a corporation other than a member institution—

(a)

for the purpose of, or in connection with, the implementation of one or more resolution actions under this

Act; and

(b)

for the purpose of reducing or averting a risk to the financial system or a threatened loss to the Corporation.