Malaysia legislation

Section 58A

of *EMPLOYEES PROVIDENT FUND ACT 1991

Section 58A

(2)

Where all of the amount withdrawn under this Act or any part of the amount is not utilized for the purpose for which such withdrawal was authorized, the member of the Fund shall return all the amount or the part which is not utilized to the Board within six months from the date of withdrawal.

(3)

For the purpose of subsection (2), “date of withdrawal”

means the date of withdrawal as provided in section 54B.

(4)

Any member of the Fund who contravenes subsections (1) and

(2)

shall be guilty of an offence.

Employees Provident Fund 75

PART VIA

TAKING UP OF INSURANCE POLICY BY

MEMBER OF THE FUND

Taking up of insurance policy

Read in full context — *EMPLOYEES PROVIDENT FUND ACT 1991 →