Malaysia legislation
Section 53A
Section 53A
(2)
The Board shall postpone such transfer under subsection (1) if an order, appeal or any process of court proceedings which prevents the execution of the order under subsection (1) is served on the Board.
(3)
Notwithstanding subsections (1) and (2), the transfer of credit from the account of a member of the Fund into the account of the receiver named in the order is subject to the amount standing to the credit of such member of the Fund at the date of the transfer is made.
Employees Provident Fund 65
(4)
For the purpose of subsection (3), “the date of the transfer”
means the date on which the sums of money is debited from the account of a member of the Fund.
Withdrawal of the transferred amount