Malaysia legislation

Section 37

of MALAYSIA DEPOSIT INSURANCE CORPORATION (AMENDMENT) ACT 2016

Section 37

Section 72 of the principal Act is amended—

(a)

in the shoulder note, by substituting for the word “premium”

the word “levy”;

(b)

by substituting for the word “premium” wherever appearing the word “levy”;

(c)

in subsection (1), by substituting for the word “prescribed”

the word “specified”;

(d)

in subsection (1) in the national language text, by substituting for the word “penginsurans” the words

“penanggung insurans”; and

(e)

in subsection (1) in the English language text, by subtituting for the word “premiums” the word “levies”.

Amendment of section 73

Section 37 — MALAYSIA DEPOSIT INSURANCE CORPORATION (AMENDMENT) ACT 2016