Malaysia legislation
Section 30
of STATUTORY AND LOCAL AUTHORITIES SUPERANNUATION FUND ACT 1977
Section 30
Winding up of fund of pension scheme
(2)
Notwithstanding any written law to the contrary, upon the winding up of the fund of a pension scheme of a statutory or local authority, the pensions authority shall exercise the powers and perform the duties of the appropriate authority of the pension scheme.
(3)
Nothing in this Act shall diminish the amount of a pension, gratuity or other benefit to which an employee would have been eligible if not for this Act.
Winding up of the Fund established under the Act