Malaysia legislation

Section 70c

of *EMPLOYEES PROVIDENT FUND ACT 1991

Section 70c

Withdrawal from the Fund

(a)

the member of the Fund has died;

(b)

the member of the Fund is physically or mentally incapacitated from engaging in an employment;

(c)

the member of the Fund is about to leave Malaysia and has no intention of returning to Malaysia; or

(d)

the member of the Fund has attained the age of fifty-five years.

Employees Provident Fund 83

(2)

Where a member of the Fund who is not a Malaysian citizen has made a withdrawal of all amount standing to his credit under paragraph (1)(d), the member of the Fund shall not be treated as an employee under this Act unless he has given to the Board and his employer a notice as may be prescribed by the Board of his intention to contribute to the Fund.

(3)

Subject to subsections 59(1A) and (3), the Board may authorize an application by a member of the Fund who is not a Malaysian citizen to withdraw part of the amount standing to his credit for the purposes of withdrawal under subsection 54(6) upon any terms and conditions as may be prescribed by the Board.

Nomination

Section 70c — EMPLOYEES PROVIDENT FUND ACT 1991 | mylaw.my