mylaw.my

/akn/my/act/pua/2012/432

PERATURAN-PERATURAN PERBADANAN INSURANS DEPOSIT MALAYSIA (TEMPOH PENGGANTUNGAN SEMENTARA) 2012

The full official text, structured for quick navigation. Copy any provision or jump straight to a section.

Open source PDF
Type
P.U. (A)
Status
In force
Enacted
2012
Sections
4

Quick answer

About this p.u. (a)

PERATURAN-PERATURAN PERBADANAN INSURANS DEPOSIT MALAYSIA (TEMPOH PENGGANTUNGAN SEMENTARA) 2012 is Malaysia P.U. (A), cited as P.U. (A) 432 2012, currently marked in force and first recorded in 2012.

Opening note

Preamble

Suggest a correction
  1. PADA menjalankan kuasa yang diberikan oleh perenggan 209(1)(a) dan subseksyen 115(3) dan 180(1) Akta Perbadanan Insurans Deposit Malaysia 2011 [Akta 720], Perbadanan, dengan kelulusan Menteri, membuat peraturan-peraturan yang berikut: Nama dan permulaan kuat kuasa

Seksyen 2

Open as pageSuggest a correction

(1)

Tertakluk kepada peraturan 3, jika Perbadanan atau orang dilantik mengambil alih kawalan suatu institusi anggota atau seorang penerima dilantik berkenaan dengan suatu institusi anggota menurut Akta, seksyen 109 Akta hendaklah menghalang penamatan suatu perjanjian kewangan yang layak bagi tempoh sepuluh hari berikutan permulaan pengambilalihan kawalan atau pelantikan penerima.

Suggest a correction

(2)

Tertakluk kepada peraturan 3, jika seorang konservator telah dilantik untuk mentadbirkan orang terjejas, tiada seorang pun yang menjadi pihak balas kepada suatu perjanjian kewangan yang layak dengan orang terjejas boleh menamatkan perjanjian itu, menjalankan apa-apa hak tolakan di bawah perjanjian itu atau menjalankan apa-apa remedi atau hak terhadap orang terjejas atau asetnya, berkenaan dengan suatu perjanjian kewangan yang layak, bagi tempoh sepuluh hari berikutan pelantikan konservator.

P.U. (A) 432 3

Ketidakpakaian peraturan 2

Suggest a correction

Seksyen 3

Peraturan 2 tidak terpakai bagi suatu perjanjian kewangan yang layak yang ialah―

Open as pageSuggest a correction

(a)

suatu derivatif, sama ada diselesaikan melalui pembayaran atau hantar serah, yang diniagakan di suatu bursa, lembaga atau pasaran lain yang dikawal selia bagi derivatif, niaga hadapan atau opsyen;

Suggest a correction

(b)

suatu perjanjian untuk meminjam atau meminjamkan sekuriti atau komoditi, termasuk suatu perjanjian untuk memindahkan sekuriti atau komoditi yang di bawahnya peminjam boleh membayar balik pinjaman itu dengan menggunakan sekuriti atau komoditi lain, wang tunai atau yang bersamaan dengan wang tunai, yang dijalankan di bawah model agensi pinjaman pusat;

Suggest a correction

(c)

suatu perjanjian untuk menjelaskan atau menyelesaikan transaksi sekuriti, niaga hadapan, opsyen atau derivatif; dan

Suggest a correction

(d)

suatu perjanjian untuk bertindak sebagai suatu depositori sekuriti.

Dibuat 16 November 2012

[PIDM/PN/5/2012; PN(PU2)689/II]

TAN SRI DATUK DR ABDUL SAMAD HAJI ALIAS

Pengerusi

Perbadanan Insurans Deposit Malaysia

Diluluskan 26 November 2012

[PIDM/PN/5/2012; PN(PU2)689/II]

DATO’ SERI AHMAD HUSNI MOHAMAD HANADZLAH

Menteri Kewangan Kedua

[Akan dibentangkan di hadapan Dewan Rakyat menurut subseksyen 209(4) Akta

Perbadanan Insurans Deposit Malaysia 2011]

P.U. (A) 432 4

MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011

MALAYSIA DEPOSIT INSURANCE CORPORATION

(TEMPORARY SUSPENSION PERIOD) REGULATIONS 2012

Suggest a correction

Opening note

Preamble

Suggest a correction
  1. IN exercise of the powers conferred by paragraph 209(1)(a) and subsections 115(3) and 180(1) of the Malaysia Deposit Insurance Corporation Act 2011 [Act 720], the Corporation, with the approval of the Minister, makes the following regulations: Citation and commencement 1.

(1)

These regulations may be cited as the Malaysia Deposit Insurance

Corporation (Temporary Suspension Period) Regulations 2012.

Suggest a correction

(2)

These Regulations come into operation on 6 December 2012.

Temporary suspension period 2.

Suggest a correction

(1)

Subject to regulation 3, where the Corporation or the appointed person assumes control of a member institution or a receiver is appointed in respect of a member institution pursuant to the Act, section 109 of the Act shall prevent the termination of a qualified financial agreement for a period of ten days following the commencement of the assumption of control or the appointment of the receiver.

Suggest a correction

(2)

Subject to regulation 3, where a conservator has been appointed to administer an affected person, no person who is a counterparty to a qualified financial agreement with the affected person may terminate such agreement, exercise any right of set off under such agreement or exercise any remedy or right against the affected person or its assets, in respect of a qualified financial agreement, for a period of ten days following the appointment of the conservator.

Non-application of regulation 2 3.

Regulation 2 shall not apply to a qualified financial agreement which is―

P.U. (A) 432 5

(a)

a derivative, whether to be settled by payment or delivery, that trades on a derivative, futures or options exchange or board or other regulated market;

Suggest a correction

(b)

an agreement to borrow or lend securities or commodities, including an agreement to transfer securities or commodities under which the borrower may repay the loan with other securities or commodities, cash or cash equivalents, conducted under the central lending agency model;

Suggest a correction

(c)

an agreement to clear or settle securities, futures, options or derivatives transactions; and

Suggest a correction

(d)

an agreement to act as a depository for securities.

Made 16 November 2012

[PIDM/PN/5/2012; PN(PU2)689/II]

TAN SRI DATUK DR ABDUL SAMAD HAJI ALIAS

Chairman

Malaysia Deposit Insurance Corporation

Approved 26 November 2012

[PIDM/PN/5/2012; PN(PU2)689/II]

DATO’ SERI AHMAD HUSNI MOHAMAD HANADZLAH

Second Minister of Finance

[To be laid before the Dewan Rakyat pursuant to subsection 209(4) of the Malaysia

Deposit Insurance Corporation Act 2011]

Suggest a correction
Suggest a correction

Common questions

What is PERATURAN-PERATURAN PERBADANAN INSURANS DEPOSIT MALAYSIA (TEMPOH PENGGANTUNGAN SEMENTARA) 2012?
PERATURAN-PERATURAN PERBADANAN INSURANS DEPOSIT MALAYSIA (TEMPOH PENGGANTUNGAN SEMENTARA) 2012 is Malaysia P.U. (A), cited as P.U. (A) 432 2012, currently marked in force and first recorded in 2012.
Is PERATURAN-PERATURAN PERBADANAN INSURANS DEPOSIT MALAYSIA (TEMPOH PENGGANTUNGAN SEMENTARA) 2012 still in force?
Yes — PERATURAN-PERATURAN PERBADANAN INSURANS DEPOSIT MALAYSIA (TEMPOH PENGGANTUNGAN SEMENTARA) 2012 is currently in force.
When did PERATURAN-PERATURAN PERBADANAN INSURANS DEPOSIT MALAYSIA (TEMPOH PENGGANTUNGAN SEMENTARA) 2012 take effect?
PERATURAN-PERATURAN PERBADANAN INSURANS DEPOSIT MALAYSIA (TEMPOH PENGGANTUNGAN SEMENTARA) 2012 was first recorded in 2012.
How many sections does PERATURAN-PERATURAN PERBADANAN INSURANS DEPOSIT MALAYSIA (TEMPOH PENGGANTUNGAN SEMENTARA) 2012 have?
PERATURAN-PERATURAN PERBADANAN INSURANS DEPOSIT MALAYSIA (TEMPOH PENGGANTUNGAN SEMENTARA) 2012 contains 4 sections.
Where can I read the official version of PERATURAN-PERATURAN PERBADANAN INSURANS DEPOSIT MALAYSIA (TEMPOH PENGGANTUNGAN SEMENTARA) 2012?
The official text of PERATURAN-PERATURAN PERBADANAN INSURANS DEPOSIT MALAYSIA (TEMPOH PENGGANTUNGAN SEMENTARA) 2012 is published at lom.agc.gov.my.
PERATURAN-PERATURAN PERBADANAN INSURANS DEPOSIT MALAYSIA (TEMPOH PENGGANTUNGAN SEMENTARA) 2012 (No. 432)