Section 52
Overdue charges in respect of deposit-taking members
of Malaysia Deposit Insurance Corporation Act 2011
ActIn forceProvision 55 of 236
Section 52
Where any premium or premium surcharge due and payable under section 47, 48 or 51 has not been paid by the deposit-taking member on the due date, the unpaid premium or premium surcharge shall, without further notice being served on the deposit-taking member, be increased by a sum as may be prescribed in the regulations of the premium so unpaid.