Section 80
Section 153 of the principal Act is amended––
of Malaysia Deposit Insurance Corporation (Amendment) Act 2016
(a)
by substituting for the words “any fee or premium”
wherever appearing the words “any fee, premium or levy”;
50
(b)
by substituting for the words “prescribed corporation”
wherever appearing the words “prescribed person”;
(c)
by substituting for paragraph (2)(a) the following paragraph:
“(a) the fee, premium or levy payable by the prescribed person in respect of the stabilisation coverage for the preceding year; or”;
(d)
by deleting paragraph (3)(a);
(e)
in paragraph (3)(b), by inserting after the word “notifications,”
the words “directives,”; and
(f)
in paragraph (3)(d), by inserting after the words “protected benefit liabilities” the words “, net contributions”.
Amendment of section 154