Malaysia legislation
Section 9
Section 9
(1)
A committee by the name of “Self-Employment Social
Security Committee” is established.
(2)
The function of the Committee is to advise the Board on all matters relating to the Scheme including the rate of contribution, benefit, coverage period and for matters pertaining to the investment of the Fund.
(3)
The Committee shall consist of the following members:
(a)
the Chairman of the Board who shall be the Chairman;
(b)
the Director General of the Organization who shall be the
Deputy Chairman;
(c)
one member representing the Ministry of Human
Resources;
(d)
one member representing the Ministry of Finance;
(e)
one member representing the Ministry of International
Trade and Industry;
Self-Employment Social Security 17
(f)
not more than four members of self-employed person who shall be appointed by the Minister;
(g)
not more than four members representing associations of self-employment who shall be appointed by the Minister;
(h)
not more than three members with experience in social security matters who shall be appointed by the Minister;
and
(i)
one member with experience in investment matters who shall be appointed by the Minister.
(4)
The Committee shall meet at least three times in each year.
(5)
The quorum for a meeting of the Committee shall be five persons including the chairman of the meeting.
(6)
Subject to this Act, the Committee may determine its own procedures.