Section 26
Section 56 of the principal Act is amended—
of Malaysia Deposit Insurance Corporation (Amendment) Act 2016
Amendment ActIn forceProvision 26 of 98
Section 26
(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”.