Malaysia legislation

Section 55B

of *EMPLOYEES PROVIDENT FUND ACT 1991

Section 55B

(2)

The Board may authorize a member of the Fund who has attained the age of sixty years or such other age as may be prescribed under subsection (1), whichever is higher, to withdraw all sums or part of the amount standing to his credit subject to any terms and conditions as may be prescribed by the Board.

(3)

This section shall not apply to a member of the Fund who has attained the age of fifty-five years who falls within the category of the member of the Fund under paragraph 54(1)(c) or (e)

or paragraph 70C(1)(b) or (c).

Release of employer’s contributions

Section 55B — EMPLOYEES PROVIDENT FUND ACT 1991 | mylaw.my