Section 62
Calculation of return or interest on deposit for discretionary payment
of Malaysia Deposit Insurance Corporation Act 2011
For the purpose of calculating the payment of the Corporation in respect of any deposit insured by the Corporation where the
Corporation makes a discretionary payment—
(a)
subject to paragraph (b), the return or interest accrued in relation to the deposit shall be included only to the date of the payment by the Corporation; or
(b)
if a proceeding for the winding up of a deposit-taking member that holds the deposit has been commenced before the date of the payment by the Corporation but a winding up order has not yet been made, the return or interest accrued in relation to the deposit shall be included only to the date of the filing of the petition for the winding up.
Return or interest on investments linked to derivatives previously specified as insured by Corporation