Section 59
of Malaysia Deposit Insurance Corporation Act 2011
ActIn forceProvision 62 of 236
Section 59
(1)
The date for computing the amount of an obligatory payment by the Corporation shall be the date of the filing of the petition for winding up.
(2)
The date for computing the amount of a discretionary payment under section 57 shall be the date when any of the events referred to in section 57 first occurs.
Calculation of return or interest on deposit for obligatory payment