Section 79
Payment in respect of protected benefit
of Malaysia Deposit Insurance Corporation Act 2011
All payments made by the Corporation in respect of—
(a)
protected benefits under family takaful and all costs associated therewith shall be made from the family takaful protection fund;
(b)
protected benefits under life policies and all costs associated therewith shall be made from the life insurance protection fund;
(c)
protected benefits under general takaful and all costs associated therewith shall be made from the general takaful protection fund; and
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(d)
protected benefits under general policies and all costs associated therewith shall be made from the general insurance protection fund.
(2)
All references in this Chapter to insurer members include, where applicable, a former insurer member the membership of which has been cancelled under section 38 or terminated under section 39.