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Deposit Protection Act · s 56
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Deposit Protection Act · s 56
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
For the purpose of calculating the obligatory payment by the
Corporation in respect of any protected deposit protected by the Corporation where a winding up order has been made in respect of a member institution that holds the deposit, the principal, including return accrued, in relation to the deposit shall be included only up to the date of the winding up of the member institution.