Malaysia legislation
Section 26
of MALAYSIA DEPOSIT INSURANCE CORPORATION (AMENDMENT) ACT 2016
Section 26
Amendment of section 56
(a)
in the shoulder note, by deleting the words “in respect of insured deposit”; and
(b)
in paragraph (1)(c), by inserting after the words
“subsection 44(1)” the words “if the winding up order is made within the remainder of the assessment year after the date of transfer and assumption”.
Amendment of section 57