Malaysia legislation

Section 5

of MALAYSIA DEPOSIT INSURANCE CORPORATION (AMENDMENT) ACT 2016

Section 5

Amendment of section 14

(a)

in paragraph (1)(c), by substituting for the words

“a divisional head” the words “an office bearer”; and

(b)

by inserting after subsection (1) the following subsection:

“(1a)  For the purposes of paragraph (1)(c), “office bearer” means any person who is the president or vice-president, or secretary or treasurer of a political party or any branch of such political party, or who is a member of the committee or a member of the governing body of a political party or any branch of such political party or who holds in a political party or any branch of such political party any office or position, by whatever name called, which is analogous to any of those mentioned above or in respect of which the person exercises management or control of the affairs of the political party or any branch of such political party.”.

Malaysia Deposit Insurance Corporation (Amendment)

11

Amendment of Chapter 4

Section 5 — MALAYSIA DEPOSIT INSURANCE CORPORATION (AMENDMENT) ACT 2016