Section 78A
For the purposes of this Chapter—
of Malaysia Deposit Insurance Corporation Act 2011
ActIn forceProvision 85 of 236
Section 78A
(a)
“value of that life policy” means the value as may be prescribed under subsection 83(3);
(b)
“value of that family takaful certificate” means the value as may be prescribed under subsection 83(2); and
(c)
“takaful contribution” means the amount payable by a certificate owner to a takaful operator under a takaful certificate and includes any remuneration for the functions and duties assumed by the takaful operator.