Malaysia legislation

Section 51

of *EMPLOYEES PROVIDENT FUND ACT 1991

Section 51

(a)

no sum deducted from the wages of a member of the Fund under section 48;

(b)

no amount payable by the employer as his contribution; and

(b)

no amount standing to the credit of a member of the Fund, shall be assignable, transferable, liable to be attached, sequestered, levied upon, for, or in respect of, any debt or claim whatsoever, nor shall the *Director General of Insolvency be entitled to or have any claim on any such sum or amount.

(2)

Notwithstanding subsection (1), the amount standing to the credit of a member of the Fund under paragraph (1)(c) may be forfeited if the amount standing to the credit of such member is subject to an order of forfeiture by a court under the **Anti-Money Laundering,

Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 [Act 613].

Transfer to the Registrar of Unclaimed Money

Section 51 — EMPLOYEES PROVIDENT FUND ACT 1991 | mylaw.my