Malaysia Deposit Insurance Corporation (Conversion into Ringgit in Respect of a Foreign Currency Deposit) (Amendment) Rules 2020

12 Februari 2020
12 February 2020
P.U. (A) 55

WARTA KERAJAAN PERSEKUTUAN
FEDERAL GOVERNMENT GAZETTE

KAEDAH-KAEDAH PERBADANAN INSURANS DEPOSIT MALAYSIA (PENUKARAN KEPADA RINGGIT BERKENAAN DENGAN DEPOSIT MATA WANG ASING) (PINDAAN) 2020

MALAYSIA DEPOSIT INSURANCE CORPORATION (CONVERSION INTO RINGGIT IN RESPECT OF A FOREIGN CURRENCY DEPOSIT) (AMENDMENT) RULES 2020

DISIARKAN OLEH/
PUBLISHED BY
JABATAN PEGUAM NEGARA/
ATTORNEY GENERAL’S CHAMBERS

***

AKTA PERBADANAN INSURANS DEPOSIT MALAYSIA 2011

KAEDAH-KAEDAH PERBADANAN INSURANS DEPOSIT MALAYSIA (PENUKARAN KEPADA RINGGIT BERKENAAN DENGAN DEPOSIT MATA WANG ASING) (PINDAAN) 2020

PADA menjalankan kuasa yang diberikan oleh perenggan 209(3)(j) Akta Perbadanan Insurans Deposit Malaysia 2011 [Akta 720], Perbadanan, dengan kelulusan Menteri, membuat kaedah-kaedah yang berikut:

**Nama dan permulaan kuat kuasa**

1. (1) Kaedah-kaedah ini bolehlah dinamakan Kaedah-Kaedah Perbadanan Insurans Deposit Malaysia (Penukaran kepada Ringgit berkenaan dengan Deposit Mata Wang Asing) (Pindaan) 2020.

(2) Kaedah-Kaedah ini mula berkuat kuasa pada 17 Februari 2020.

**Pindaan kaedah 3**

2. Kaedah 3 kepada Kaedah-Kaedah Perbadanan Insurans Deposit Malaysia (Penukaran kepada Ringgit berkenaan dengan Deposit Mata Wang Asing) 2012 [P.U. (A) 434/2012], dipinda—

(a) dalam perenggan (b), dengan memotong perkataan “dan” di hujung perenggan itu;

(b) dalam perenggan (c)—

(i) dengan menggantikan perkataan “kadar pertukaran yang akan dipakai akan berdasarkan harga tawaran terakhir” dengan perkataan “kadar pertukaran yang dipakai hendaklah berdasarkan harga tawaran terakhir”; dan

(ii) dengan menggantikan perkataan “tarikh pengiraan.” dengan perkataan “tarikh pengiraan; dan”; dan

(c) dengan memasukkan selepas perenggan (c) perenggan yang berikut:

“(d) dalam ketiadaan penerbitan oleh Bank Negara Malaysia bagi kadar mata wang asing sedemikian, kadar pertukaran yang dipakai hendaklah berdasarkan harga tawaran terakhir mata wang asing yang berkenaan yang digunakan oleh anggota penerima deposit pada waktu penutupan perniagaan pada tarikh pengiraan.”.

Dibuat 4 Februari 2020
[PIDM/PN/1/2020; PN(PU2)689/VI]

TAN SRI DR. RAHAMAT BIVI YUSOFF
Pengerusi
Perbadanan Insurans Deposit Malaysia

Diluluskan 10 Februari 2020
[MOF.SID(S)700-1/2/4]

LIM GUAN ENG
Menteri Kewangan

***

MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011

MALAYSIA DEPOSIT INSURANCE CORPORATION (CONVERSION INTO RINGGIT IN RESPECT OF A FOREIGN CURRENCY DEPOSIT) (AMENDMENT) RULES 2020

IN exercise of the powers conferred by paragraph 209(3)(j) of the Malaysia Deposit Insurance Corporation Act 2011 [Act 720], the Corporation, with the approval of the Minister, makes the following rules:

**Citation and commencement**

1. (1) These rules may be cited as the Malaysia Deposit Insurance Corporation (Conversion into Ringgit in respect of a Foreign Currency Deposit) (Amendment) Rules 2020.

(2) These Rules come into operation on 17 February 2020.

**Amendment of rule 3**

2. Rule 3 of the Malaysia Deposit Insurance Corporation (Conversion into Ringgit in respect of a Foreign Currency Deposit) Rules 2012 [P.U. (A) 434/2012], is amended—

(a) in paragraph (b), by deleting the word “and” at the end of the paragraph;

(b) in paragraph (c)—

(i) by substituting for the words “the exchange rate to be applied will be based on the closing bid price” the words “the exchange rate to be applied shall be based on the closing bid price”; and

(ii) by substituting for the words “the calculation date.” the words “the calculation date; and”; and

(c) by inserting after paragraph (c) the following paragraph:

“(d) in the absence of the publication by Bank Negara Malaysia of such a foreign currency rate, the exchange rate to be applied shall be based on the closing bid price of the relevant foreign currency rate used by the deposit-taking member as of the close of business on the calculation date.”.

Made 4 February 2020
[PIDM/PN/1/2020; PN(PU2)689/VI]

TAN SRI DR. RAHAMAT BIVI YUSOFF
Chairman
Malaysia Deposit Insurance Corporation

Approved 10 February 2020
[MOF.SID(S)700-1/2/4]

LIM GUAN ENG
Minister of Finance