Malaysia Deposit Insurance Corporation (Return or Interest on an Index-linked Deposit held by a Deposit-Taking Members) Rules 2012

WARTA KERAJAAN PERSEKUTUAN
FEDERAL GOVERNMENT GAZETTE

5 Disember 2012
5 December 2012
P.U. (A) 433

KAEDAH-KAEDAH PERBADANAN INSURANS DEPOSIT MALAYSIA (PULANGAN ATAU BUNGA ATAS DEPOSIT BERKAITAN INDEKS YANG DIPEGANG OLEH ANGGOTA PENERIMA DEPOSIT) 2012

MALAYSIA DEPOSIT INSURANCE CORPORATION (RETURN OR INTEREST ON AN INDEX-LINKED DEPOSIT HELD BY A DEPOSIT-TAKING MEMBER) RULES 2012

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

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AKTA PERBADANAN INSURANS DEPOSIT MALAYSIA 2011

KAEDAH-KAEDAH PERBADANAN INSURANS DEPOSIT MALAYSIA (PULANGAN ATAU BUNGA ATAS DEPOSIT BERKAITAN INDEKS YANG DIPEGANG OLEH ANGGOTA PENERIMA DEPOSIT) 2012

PADA menjalankan kuasa yang diberikan oleh perenggan 209(1)(a) dan seksyen 63 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 (Pulangan atau Bunga atas Deposit Berkaitan Indeks yang Dipegang oleh Anggota Penerima Deposit) 2012.

(2) Kaedah-Kaedah ini mula berkuat kuasa pada 6 Disember 2012.

**Tafsiran**

2. Dalam Kaedah-Kaedah ini―

“tarikh pengiraan” ertinya―

(a) bagi maksud pengiraan bayaran wajib di bawah seksyen 56 Akta atau bayaran budi bicara di bawah perenggan 62(b) Akta, tarikh pemfailan petisyen penggulungan; dan

(b) bagi maksud pengiraan bayaran budi bicara di bawah perenggan 62(a) Akta, tarikh bayaran oleh Perbadanan.

**Pulangan atau bunga atas deposit berkaitan indeks**

3. Bagi maksud pengiraan pulangan atau bunga untuk bayaran wajib atau bayaran budi bicara berhubung dengan deposit berkaitan indeks yang dipegang oleh suatu anggota penerima deposit, pulangan atau bunga itu hendaklah ditentukan berdasarkan cara yang berikut:

(a) bagi deposit berkaitan indeks yang pembayaran balik pokok dan bayaran pulangan atau bunga adalah tertakluk kepada syarat sama ada sesuatu kejadian akan berlaku atau tidak akan berlaku pada masa hadapan dan syarat ini belum terlaksana pada tarikh pengiraan, pulangan atau bunga hendaklah dikira pada tarikh pengiraan―

(i) berdasarkan Kadar Polisi Semalaman yang ditentukan oleh Bank Negara Malaysia; atau

(ii) pada kadar 6% setahun,

mengikut mana-mana yang lebih rendah;

(b) bagi deposit berkaitan indeks selain yang disebut dalam subkaedah (a)―

(i) pulangan atau bunga pada permulaannya hendaklah ditentukan berdasarkan penilaian semula mengikut nilai pasaran semasa sumber aset atau rujukan pada tarikh pengiraan;

(ii) sekiranya pulangan atau bunga tidak dapat dikira berdasarkan cara yang disebut dalam perenggan (b)(i), kadar sumber alternatif atau cara pengiraan alternatif sebagaimana yang dinyatakan dalam terma dan syarat deposit berkaitan indeks itu hendaklah terpakai pada tarikh pengiraan; dan

(iii) sekiranya pulangan atau bunga tidak dapat dikira berdasarkan cara yang disebut dalam perenggan (b)(i) atau (b)(ii), pulangan atau bunga hendaklah dikira pada tarikh pengiraan―

(A) berdasarkan Kadar Polisi Semalaman yang ditentukan oleh Bank Negara Malaysia; atau

(B) pada kadar 6% setahun,

mengikut mana-mana yang lebih rendah; dan

(c) bagi kesemua jenis deposit berkaitan indeks, pengiraan pulangan atau bunga tidak boleh mengambil kira apa-apa penalti yang dinyatakan dalam terma dan syarat dan klausa penamatan awal hendaklah disifatkan sebagai telah digunakan pada tarikh pengiraan.

Dibuat 16 November 2012
[PIDM/PN/4/2012; PN(PU2)689/II]

TAN SRI DATUK DR ABDUL SAMAD HAJI ALIAS
Pengerusi
Perbadanan Insurans Deposit Malaysia

Diluluskan 26 November 2012
[PIDM/PN/4/2012; PN(PU2)689/II]

DATO’ SERI AHMAD HUSNI MOHAMAD HANADZLAH
Menteri Kewangan Kedua

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MALAYSIA DEPOSIT INSURANCE CORPORATION ACT 2011

MALAYSIA DEPOSIT INSURANCE CORPORATION (RETURN OR INTEREST ON AN INDEX-LINKED DEPOSIT HELD BY A DEPOSIT-TAKING MEMBER) RULES 2012

IN exercise of the powers conferred by paragraph 209(1)(a) and section 63 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 (Return or Interest on an Index-Linked Deposit Held by a Deposit-Taking Member) Rules 2012.

(2) These Rules come into operation on 6 December 2012.

**Interpretation**

2. In these Rules―

“calculation date” means―

(a) for the purpose of calculating the obligatory payment under section 56 of the Act or discretionary payment under paragraph 62(b) of the Act, the date of the filing of the petition for the winding up; and

(b) for the purpose of calculating the discretionary payment under paragraph 62(a) of the Act, the date of the payment by the Corporation.

**Return or interest on index-linked deposit**

3. For the purpose of calculating the return or interest for obligatory payment or discretionary payment in relation to an index-linked deposit held by a deposit-taking member, such return or interest shall be determined in the following manner:

(a) for an index-linked deposit where the repayment of principal and the payment of return or interest is subject to a condition of an event occurring or not occurring in the future and the condition has not materialised as at the calculation date, the return or interest shall be calculated as at the calculation date―

(i) based on the Overnight Policy Rate set by Bank Negara Malaysia; or

(ii) at the rate of 6% per annum,

whichever is lower;

(b) for an index-linked deposit other than that referred to in subrule (a)―

(i) the return or interest shall first be determined based on the mark-to-market value of the underlying asset or reference as at the calculation date;

(ii) in the event that the return or interest cannot be calculated based on the method referred to in paragraph (b)(i), the alternative reference rate or alternative method of calculation as specified in the terms and conditions of the index-linked deposit shall apply as at the calculation date; and

(iii) in the event that the return or interest cannot be calculated based on the methods referred to in paragraph (b)(i) or (b)(ii), the return or interest shall be calculated as at the calculation date―

(A) based on the Overnight Policy Rate set by Bank Negara Malaysia; or

(B) at the rate of 6% per annum,

whichever is lower; and

(c) for all types of index-linked deposits, the calculation of return or interest shall not take into account any penalties specified in the terms and conditions and the early termination clause shall be deemed exercised on the calculation date.

Made 16 November 2012
[PIDM/PN/4/2012; PN(PU2)689/II]

TAN SRI DATUK DR ABDUL SAMAD HAJI ALIAS
Chairman
Malaysia Deposit Insurance Corporation

Approved 26 November 2012
[PIDM/PN/4/2012; PN(PU2)689/II]

DATO’ SERI AHMAD HUSNI MOHAMAD HANADZLAH
Second Minister of Finance