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Section 53

Premium regulations in respect of deposit-taking members

of Malaysia Deposit Insurance Corporation Act 2011

ActIn forceProvision 56 of 236
Section 53

The Corporation may make regulations in respect of the determination of first premiums and annual premiums including—

(a)

the establishment of a system for classifying deposit-taking members in different categories; and

(b)

the criteria or factors to be taken into account and the procedures to be followed by the Corporation in

Malaysia Deposit Insurance Corporation 75

determining the category in which a deposit-taking member is classified.